Coercing Argentine Soy Sales It is no secret the Argentine economy is in bad shape and getting worse. The country has runaway inflation and a plunging currency mostly because of the failed socialist policies the current and past government have pursued to subsidize its supporters by penalizing its most productive sectors.The problem for the Argentine government now is that it is running out of money to fund its social programs. And, as usual, it has placed the blame on Argentina's farmers, who it says are hoarding part of their old crop soybeans rather than selling them into the export market. The government collects an export tax on soybeans of 35 percent, but it collects nothing if the country's farmers do not sell their soybeans. And...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...