Argentine Farmers Considering Sales Stoppage as Protest Argentina's farm groups are considering implementing a strike in the next couple of months during which they will cease sales of soybeans, corn and other commodities. Contrary to some rumors in Chicago that the strike was imminent, a spokesperson for the Argentine Rural Society said the strike will occur some weeks in the future. The strike would be held to protest the government's continued assessment of high export taxes on soybeans, corn and wheat as well as the export restrictions on corn and wheat. The farmers say the taxes and export curbs are squeezing their profitability at the same time internal inflation as high as 25 percent is raising their production costs. A sales stop...
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
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.