Argentina Argentina’s new government took office last week and both Argentine bonds and equity prices have rebounded and the peso has firmed. The new government is planning on passing through congress an economic, food and sanitary emergency act that will give the president power to increase taxes by decree. It seems the (somewhat obvious) goal is to increase the export taxes on agricultural, mining, and oil products to obtain (according to government calculations) about $2 billion annually. Export taxes are the only way for the new government to raise revenues without printing money (as the new administration has stated they will avoid), given the small central bank reserves and no access to international credit. As published...
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.
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...