The general election will be held in Argentina next month (27 October) with the two leading candidates for president being the incumbent, Mauricio Macri, and Alberto Fernández. The outcome is viewed as critical for Argentine agriculture since Fernández is allied with former president Cristina Fernández de Kirchner and the Peronists who boosted export taxes during the last time in power. At one-point, agricultural export taxes represented 23 percent of government revenues. By contrast, President Macri eliminated the export tax on wheat, corn and sorghum in 2015, and reduced the tax on soybeans from 35 percent to 30 percent. Agriculture’s contribution to government revenues fell to 7 percent. As a condition for a $...
From WPI Consulting
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.