The government of Argentina yesterday announced the soybean export tax will not be reduced by 5 percent as promised on 1 January due to financial difficulties and indicated an alternative plan would be implemented. Argentina Delays Cut in Soy Export Taxes The government of Argentina yesterday announced the soybean export tax will not be reduced by 5 percent as promised on 1 January due to financial difficulties. Instead, the plan is to cut it 0.5 percent per month from January 2018 through December 2019. However, the government indicated it will offer a 5 percent export rebate for soybeans produced in northern provinces where yields are lower and transportation costs are higher.The reason given for a gradual tax reduction was to disincent...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.