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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentine Export Duties Last week the Argentine government announced an emergency plan to reduce the state deficit, which includes an export duty on agricultural products. Since last Tuesday, the duty rate of 4 pesos for every U.S. dollar of value on those exports was applied as of last Tuesday and will remain in effect until 31 December 2020. Considering the exchange rate in Argentina is 38 ARS/USD, this equates to a 10.5 percent duty on any primary exported product. Value-added products will have an export duty of 3 ARS/USD. The export duties already in effect (prior to the latest announcement) of 25.5 percent on soybeans and 23 percent on soyoil/soymeal were reduced to 18 percent to compensate for the new additional tax.

The differe...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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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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