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...
What You Need to Know Today: Iran warned that it will retaliate against the U.S. if American strikes target Iranian infrastructure, as President Trump has threatened to do next week if negotiations between the two nations do not resume. President Trump is scheduled to deliver a primetime addre...
Key Takeaways: Continued domestic demand for soyoil in the U.S. will drive prices higher and create a firmer outlook for global soybean values and crush margins. U.S. soyoil prices are set to increase 13-16 percent over the next four months as the domestic demand expansion takes hold. Th...
Key Takeaways: Tensions in the Persian Gulf are further away than ever from being resolved, as the ceasefire has fallen apart completely and the U.S. and Iran are back to trading blows. Ships are still cautiously exiting the Strait of Hormuz but at a much slower rate than just a few week...
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.