Export Tax Update The reduction in export taxes has not yet had the expected impact of boosting farmer sales of grain and soybeans. The main issue is that price transmission has not been fully realized, primarily because exporters oppose the requirement to bring foreign currency into the country within 15 days of declaring an export sale (export permit request), even if the shipment has not been completed. This clause introduces uncertainty and adds costs for exporters, which will ultimately be passed on in prices. An announcement on this matter is expected soon, and the clause could be eliminated, allowing foreign currency to enter the country only after the actual export of products. Wheat In the spot wheat market, prices have improved by...
Argentina Sunflower Sunflower remains one of the most attractive crops in Argentina, supported by strong demand and favorable prices that currently offer some of the best projected production margins among summer crops. Planted area is estimated at 3.0-3.1 Mha, with around 42 percent already se...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
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.