Export Taxes Impact The FADA Foundation measures the impact of state participation on agricultural income. Their last report accounted for the new export taxes and found that 60.4 percent of all farm income will be destined for the government. This is 4 percent higher than before the latest export taxes were enacted. The impact is further lessened by the rising CBOT markets. While the average is 60.4 percent, the State share is 64.5 percent in soybeans, 53.9 percent in corn, 53.5 percent in wheat and 62 percent in sunflower. The difference between crops lies in the taxes, the income and different profitability of the crop. Corn Eighty-four percent of the expected corn area is already planted. Rains over the past few weeks covered...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.