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feed-grains soy-oilseeds wheat

Oilseed Highlights

Argentina may have lost biodiesel exports to African countries, but it clearly has been able to boost those to the U.S. as the volume has substantially increased from a year ago. Argentina Lowers Biodiesel Export Tax, Boosts Exports to U.S. The government of Argentina reduced its export tax on biodiesel last month from 9.8 percent to only 3.3 percent. The change was apparently intended to help the biodiesel sector, which has seen its export volume decline to the point that only 40 percent of capacity is being utilized.With Argentina’s export tax rate for soyoil at 32 percent, its biodiesel exports are being subsidized at a rate of about 28.7 percent. This is because the biodiesel producers can acquire their feedstock at approximately 68 p...

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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.

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