Argentina’s Tax Policy Update On Monday, 22 September, the Argentine government announced a temporary elimination of export duties on all grains and by-products. The measure will remain in effect until 31 October 2025, or until $7 billion in foreign currency inflows are reached, whichever comes first. The move is aimed at accelerating dollar inflows to prevent a currency run and stabilize the exchange rate ahead of October’s midterm elections. While farming groups welcomed the decision, the measure is seen as short-term, lacking the stability needed to foster investment or sustainable growth. Theoretical price impacts are estimated at $100/MT for soybeans and $20/MT for wheat, corn, and sorghum. This is expected to trigger heavy...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.