Fresh Licenses Didn't Activate Argentine Corn Market The Argentine government decided to release 3 MMT of licenses for the old crop corn, and market participants were expecting a big reaction that would cause premiums to weaken and new business to develop. However, neither has happened.Premiums for Argentine corn declined from +115/110CZ down to +85/80CZ, but Brazilian corn was traded the past week at +50CZ and Black Sea below +15CZ for November and December shipments. Paraguayan corn is indicated at +40CZ with no demand. Such discounts are attracting buyers even though Black Sea quality is very poor and there are logistical problems in Brazil.Argentine exporters are finding it difficult to sell below +80CZ without losing money. Local...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
From WPI Consulting
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.