There is no question of a potential decrease in China’s soybean imports next year due to several factors, including a change in its price support program for corn. If there is a reduction, it is expected to definitely have an impact on the global market. Argentina May Delay Reducing Soybean Export Tax Government officials in Argentina indicate the current administration may not follow through on its commitment to reduce the soybean export tax from 30 percent to 25 percent on 1 January. The reason is that the funds generated by the higher tax rate are needed to help cover deficit spending. Apparently, each 5 percent decrease amounts to an approximate $1.2 billion loss in government income. President Mauricio Macri did eliminate the e...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.