Macroeconomics After Argentina’s elections and currency devaluation, it experienced another week filled with rumors and uncertainty. Financial and parallel exchange rates adjusted automatically, causing the gap against the official rate to exceed 100 percent, which was worse than before the devaluation. Simultaneously, to prevent the outflow of dollars from the country, imports have been completely halted. Price corrections on store shelves were automatic, and analysts are expecting an inflation rate of 13-14 percent for August and at least that for September. A few days ago, the government announced it will maintain the current exchange rate (350 ARS/USD) through the end of October. The government also reached an agreement w...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.