Argentina Headed Down the Proven Wrong Path on Agriculture Again It has been said that the definition of stupidity is doing the same thing over and over again and expecting different results. Yet, that appears exactly what the new Peronist government in Argentina is doing to address the financial crisis the country once again faces. And it will be the agricultural sector that pays the price for that stupidity. Last weekend the government of President Alberto Fernandez announced it was immediately raising the export tax rates on wheat, corn, sunseed, barley and sorghum from 5.7 percent to 12 percent. The export tax rates for soybeans, soybean meal and soybean oil were increased from 24.7 percent to 30 percent. This week the government indi...
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...
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.