Argentina Still Subsidizes Biodiesel Exports Contrary to earlier reports, Argentina has not completely eliminated its export incentives for biodiesel. While the export rebate was removed, biodiesel remains eligible for incentives given to the export of processed products. As a result, biodiesel exports now are subject to an export tax rate of 24.24 percent. Therefore, the tax differential between soyoil and biodiesel is now 7.73 percent. It is not as beneficial as the earlier incentive, but it is still enough to ensure that Argentine biodiesel is the most competitively priced on the global market. Exports may decline some as the profit margin for biodiesel producers will be lower, but sizable exports are likely to continue. Argentina to...
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.