Export Taxes Impact The FADA Foundation measures the impact of state participation on agricultural income. Their last report accounted for the new export taxes and found that 60.4 percent of all farm income will be destined for the government. This is 4 percent higher than before the latest export taxes were enacted. The impact is further lessened by the rising CBOT markets. While the average is 60.4 percent, the State share is 64.5 percent in soybeans, 53.9 percent in corn, 53.5 percent in wheat and 62 percent in sunflower. The difference between crops lies in the taxes, the income and different profitability of the crop. Corn Eighty-four percent of the expected corn area is already planted. Rains over the past few weeks covered...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.