Argentina may have lost biodiesel exports to African countries, but it clearly has been able to boost those to the U.S. as the volume has substantially increased from a year ago. Argentina Lowers Biodiesel Export Tax, Boosts Exports to U.S. The government of Argentina reduced its export tax on biodiesel last month from 9.8 percent to only 3.3 percent. The change was apparently intended to help the biodiesel sector, which has seen its export volume decline to the point that only 40 percent of capacity is being utilized.With Argentina’s export tax rate for soyoil at 32 percent, its biodiesel exports are being subsidized at a rate of about 28.7 percent. This is because the biodiesel producers can acquire their feedstock at approximately 68 p...
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.