Argentina Selling Soymeal Corn Blend in Vietnam According to a contact, Argentine exporters are offering a product in Vietnam that is called a balanced soymeal. The product contains a mixture of 5 percent corn meal and 95 percent soymeal and is being offered at a discount to pure soymeal. Evidently, feed millers like it even though they complain about its high salt content.This product makes sense to Argentine exporters, as the Argentine export tax rate on corn is 25 percent versus 32 percent for soymeal. And, of course, corn is far less costly than soymeal. It also may be that the Argentine exporters are receiving an export tax break by classifying the product as a mixed feed.As it stands now, the soymeal-corn blend is entering Vietnam...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.