The rich countries of Europe along with some developing nations in Asia and Africa continue to oppose the planting, and in some cases the consumption, of GMOs due to supposed fear that they may ultimately prove to be harmful to human health or the environment. However, that clearly does not seem to be the situation in Cuba. EU Targets Argentine Export Taxes The EU and Mercosur countries are in the process of trading market access offers as a precursor to a possible free trade deal. Among the EU demands is the elimination of Argentina’s export tax on soybeans, currently assessed at 30 percent with 27 percent on soyoil and soymeal. The EU wants the export tax rate on soybeans eliminated because the differential rate creates an incentive for...
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.