Export Taxes Brazil’s Minister of the Economy, Paulo Guedes, is reportedly considering whether to impose a tax on his country’s agricultural exports. Since agriculture comprises half of Brazil’s $240 billion worth of annual exports, it is a big potential revenue source. Neighbor and fellow Mercosur member Argentina has long imposed taxes on its agricultural exports but in sharp contrast to Brazil, it is considering temporarily reducing the levy to spur an increase in overseas sales and thus earn a boost in government revenues. Mutual FTA Unhappiness Canadian farm groups and their political representatives are pressuring the government of Justin Trudeau to address concerns with the Comprehensive Economic and Trade...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.