As a result of recent policy changes by the Argentine government, farmers are now expected to double wheat plantings in the next growing season and corn plantings over the next few years. Argentina Eliminates Export Permits for Grains and Oilseeds The Argentine government published a decree on 29 December eliminating the requirement that export permits be obtained for grains and oilseeds. It has been replaced by a mechanism to track exports through Affidavits of Foreign Sale, known in Spanish as Declaraciones Juradas de Ventas al Exterior (DJVE). Removal of the requirement was important for wheat and corn since the previous government had limited the number of export permits distributed in order to keep domestic prices low. That caused fa...
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.