Paraguay Approves 10 Percent Export Tax on Soybeans, Corn and Wheat Paraguay's Chamber of Deputies yesterday approved a 10 percent export tax on soybeans, corn and wheat. The legislation allows the export tax rate to be decreased in years with low yields. Since the measure was previously approved by the upper Chamber of Senators, it will now go into effect and is expected to raise about $300 million per year.This new export tax does not apply to products produced from these commodities, so its effect will be to subsidize the production and export of the additionally processed products. This will particularly assist Paraguay's soybean processors and allow them to be more competitive exporters of soymeal and soyoil. USDA forecasts that P...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.