Argentina Reportedly Pressuring Grain Exporters to Sell Stocks I wrote on Tuesday that the Argentine government's dire need for tax revenue and foreign exchange likely was the main reason why the government last Friday announced the elimination of export incentives for biodiesel. There is now more evidence the government is desperate for cash.A report in today's Argentine newspaper Ambito Financiero says the government is pressuring Argentine grain companies to speed up their exports of the remainder of the 2012 crop of soybeans. The newspaper said Argentina has about 10 MMT of soybeans remaining from the 2012 crop and the government wants it exported as quickly as possible so it can collect the approximately $2.1 billion in export tax...
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.