Export Quota Update Finally, the Argentine government implemented a so-called “new” system to control wheat and corn exports. The “new” system is, of course, aimed at preventing domestic shortages with the final objective of controlling inflation, which now exceeds 50 percent annually. Based on total production for a crop, the government will establish “equilibrium volumes” for grains that set export volumes. What is not yet clear is how that quota will be distributed across the different exporters. In the past, the government has used factors such as exporters’ past performance in order of registering, friendship, etc. The government can call the system what it likes, but in the end it is t...
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.