Each week estimates for Argentina’s crop output decline as this season’s drought takes its toll. Some say it is the worst drought in 60 years, others say it is in 100 years. The most significant drought most recent to this one occurred in 2017/18. It is evident that in the central-western part of the country that is more arid and is used to grow grapes has suffered from shortfalls in rain for a decade or more. Over the past decade, the area harvested for grapes has steadily declined by 4.5 percent, and output has been volatile and has remained below its peak in 2013. Tree rings indicate hydroclimatic events have increased since mid-20th century. Given the importance of agricultural exports like soybeans/products, wheat, corn, a...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...