Paraguay President Vetoes Export Taxes on Soybeans, Corn and Wheat The President of Argentina today vetoed the legislation passed by the congress that would have imposed a 10 percent export tax on soybeans, corn and wheat. President Horacio Cartes said that even if the tax, "...would increase government revenue over the short term, it could work against economic growth over the medium and long term." He also said the tax was regressive.The export tax was supported by the country's soybean, corn and wheat processors, but strongly opposed by the country's farmers. It would have raised about $300 million annually and would have encouraged the export of processed products. EU Halts Biodiesel Subsidy Investigation after Complaint Withdrawn...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.