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...
What You Need to Know Today: Pro Farmer’s crop tour pegged the 2026 U.S. corn crop at 173.2 BPA and anticipated a 15.344 Bbu crop – both figures well below expectations. Pro Farmer forecast 2026 U.S. soybean yields at 53.3 BPA, above most private estimates and USDA’s August W...
Key Takeaways: Gene editing makes targeted changes to a plant’s existing DNA, while genetic modification can introduce genetic material from another organism to create traits not naturally present in the crop. Gene editing is unlikely to replace genetic modification entirely, as the two...
USDA’s August cattle on feed report was released Friday, with the total number of cattle in feedlots with a capacity of 1,000 head or more amounting to 11.1 million head, 102 percent of last year and the same as last month. Placements dropped in July to their lowest total for the month s...
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.