Market Overview and Election Results Last week there was very little activity in the markets leading up to Sunday’s elections. The government completely restricted the exchange market, both formal and informal, to prevent a significant depreciation of the Argentine peso prior to the elections. The elections generated a lot of uncertainty, and the widespread expectations of a devaluation paralyzed markets. Any grain sales carried the risk of being paid after the elections or even the day before, with few safe options for where to place those pesos. The reality is that the elections were a big surprise. While it was expected that there would be a runoff between Sergio Massa and Javier Milei (from the right-wing party), the entir...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.