Argentina Export Tax Update The government this week announced a definitive — not temporary — reduction in export taxes for a series of agricultural products. Between January and July 2025, a temporary reduction had been in place. On 1 July, the export tax rates reverted to previous levels, but now the government has confirmed a new, permanent cut. The chart accompanying this report outlines the current rates and their recent changes.
Corn Argentina’s corn harvest progressed by 5 percentage points this week, bringing total progress to 84 percent. Yields are falling as more fields from northern regions are harvested, with the national average now at 7.3 MT/ha. In Buenos Aires province, harvest remains delayed d...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
