World Perspectives
biofuel

45Z Tax Credit Preliminary Guidance Released; No GREET Model Yet

As WPI reported on 6 December, the Treasury Department had promised that the compliance regulations for the 45Z Clean Fuels Production credit would be released by the end of the Biden Administration, implying no later than 19 January, the day before President-elect Trump’s inauguration.  Throughout most of this week, the market has been expecting the announcement to happen today, though there were some questions if that would happen given that the federal government was closed yesterday for a National Day of Mourning for former President Jimmy Carter.  In line with expectations, the guidance was issued today. The guidance issued by Treasury, however, was a notice for proposed rulemaking (NPR) which means it is not the final g...

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feed-grains soy-oilseeds wheat

Market Commentary: Snow Falls Across Midwest, Commodities Fall Across CBOT

The U.S. Midwest received heavy snowfall this weekend and as snowflakes drifted lower so – apparently – did CBOT traders’ sentiments. The ag markets were almost entirely on the defensive to start the last month of the year with soyoil being the only major market to see meaning...

Ag as Affordability Solution; EU Developments

Ag as Affordability Solution Around 12 percent of Americans received federal food assistance (SNAP) and 10 percent are classified as living below the poverty line but financial analyst Michael W. Green has controversially calculated the threshold at $136,500/year. After all, a family of four li...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT The Argentine wheat harvest advanced nearly 14 percentage points this past week, reaching 30 percent of the total area. Good weather accelerated maturation in some fields at the same time forecasts of weekend rainfall pushed harvesters to move quickly. Yields continue to surprise, with so...

feed-grains soy-oilseeds wheat

Market Commentary: Snow Falls Across Midwest, Commodities Fall Across CBOT

The U.S. Midwest received heavy snowfall this weekend and as snowflakes drifted lower so – apparently – did CBOT traders’ sentiments. The ag markets were almost entirely on the defensive to start the last month of the year with soyoil being the only major market to see meaning...

Ag as Affordability Solution; EU Developments

Ag as Affordability Solution Around 12 percent of Americans received federal food assistance (SNAP) and 10 percent are classified as living below the poverty line but financial analyst Michael W. Green has controversially calculated the threshold at $136,500/year. After all, a family of four li...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT The Argentine wheat harvest advanced nearly 14 percentage points this past week, reaching 30 percent of the total area. Good weather accelerated maturation in some fields at the same time forecasts of weekend rainfall pushed harvesters to move quickly. Yields continue to surprise, with so...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.45/bushel, down $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.35/bushel, down $0.035 from yesterday's close.  Jan 26 Soybeans closed at $11.28/bushel, down $0.0975 from yesterday's close.  Jan 26 Soymeal closed at $314.6/short ton, down $4.1...

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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.

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