Most have blamed currency exchange and inflation issues for the lack of active selling by Argentine farmers. However, there are some differences of opinion about the size of the farmers' soybean supplies.The soybean and soymeal markets have maintained their strength throughout a much better-than-expected U.S. soybean harvest and as the planting season in Brazil and Argentina is underway with no major problems in sight. Every analyst is forecasting a record crop in Brazil that could be as large as 88 MMT, exceeding last year's crop by 6 MMT. Brazil has had big logistical issues gathering and transporting that big crop, and vessel delays still persist in the major export corridor of Paranagua. Nonetheless, they have loaded out as much as 30 p...
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
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.