Argentina Makes Big Changes to Agricultural Export Taxes Argentine President Mauricio Macri yesterday announced major changes to agricultural export taxes. These revisions are part of a major effort to balance the country’s budget and prevent a further decline in the value of the peso. Effective immediately, all exports of primary products, including wheat, soybeans, soymeal, soyoil, sunflower seed and sunflower products, will be subject to a new tax of 4 pesos per USD of export value. With the peso now trading at 38 pesos to the USD, that would equal 10.5 cents per USD of export value. The export tax rate will increase if the peso rises in value and decline if it drops. While subject to that new tax, the existing export tax rates...
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...
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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.