There are actually two issues here. The first is the alternative biomass tracking process, which will run its course, and the second is Argentina's Differential Export Tax (DET) for biodiesel, a concern for the USTR.The Iowa Biodiesel Board (IBB) issued a press release yesterday during a trip to that state by U.S. Trade Representative (USTR) Michael Froman. The statement was regarding Argentina's petition to the EPA to be approved for an alternative biomass tracking requirement that would streamline the recordkeeping process for its biodiesel exports to the U.S. Canada previously had a similar petition approved for biofuels. According to the IBB, "...if the EPA approves Argentina's application, we could be looking at 600 million gallons or...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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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.