Because of inconsistent export policies out of Argentina and recent declines in regional exportable wheat supplies, the Brazilian government will reduce the Common External Tariff that applies to all imported wheat coming from countries outside the Mercosur block from 10 percent to zero until 15 August 2014. Economic Uncertainties May Hinder Argentine Soybean Marketing The Argentine government's recent struggles with debt are compounded by news the economy has slipped into a recession. The INDEC, an Argentine governmental institute of statistics, issued information that showed Argentina's GDP dropped by 0.8 percent and has officially fallen into recession. The increasing economic uncertainty relating to factors such as the value of the Ar...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.