Argentina Eliminates All Export Incentives for Biodiesel Last Friday the Argentine government in a surprise move acted to immediately raise the export tax on biodiesel from 20 percent to 32 percent, the same as soyoil. It also eliminated the 2.5 percent export rebate on biodiesel, and in doing so the government effectively eliminated all export incentives for biodiesel. The action was surprising because normally the Argentine government provides some export incentives for processed products by imposing a lower export tax on them than on the products from which they are produced.The government also announced that Argentine soybean processors can now import soybeans for processing, provided they prove they have purchased 5 MT of domestic s...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.