The Brazilian finance minister indicated yesterday that the government will make an announcement in the next 30 days regarding changes to its laws governing acquisition of domestic farmland by foreigners. Argentina to Refund Part of Soy Export Tax to Northeastern Farmers The Argentine government today announced it would refund 5 percent the 30 percent export tax on some of the soybeans produced by farmers in 10 northeastern provinces. This would specifically apply to the first 2,000 MT (73,480 bushels) each farmer or company sells between March and 31 August. The justification for this action is that these provinces are the most distant from export terminals and located in the country’s poorest region. They account for about 12 percent of...
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...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.