Argentina Corruption Forecast First, the Argentine government tried to force a trade balance by requiring importers to export an equivalent value of goods. The latest hurdle is reported to be a requirement that companies will have to obtain permission to import foreign goods via the country's tax agency, AFIP. When governments add bureaucratic hurdles and otherwise uneconomic conditions, the usual result is a rise in corruption. India has used this approach for years and the result has been obligatory payoffs to all of the intermediaries plus huge inefficiencies. Policymakers in Buenos Aires are destined to take the situation from bad to worse. Scale and the Rich European politicians have been reacting to farmer...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.