Rumor of Export Tax Increases in Argentina Escalates Sales Registrations There was a rumor last week in Argentina that the government would soon announce an increase in export taxes on agricultural commodities that includes boosting the rate from 8 percent to 10 percent for grains and from 18 percent to 30 percent for soybeans/soy products. This caused exporters to frantically register a great number of sales to avoid the possible higher rate. AgriCensus reported that they registered sales last Thursday and Friday for 1.98 MMT of soybeans, 540,347 MT of wheat and 420,147 MT of corn, which represent about six weeks of the normal volume. Government officials claim there are no plans to raise export tax rates, but the trade seems to believe...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.