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...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
The overarching concern for China is that the rising cost of energy will reduce global trade demand at the same time that countries are becoming more protectionist. Trump Visit to China President Trump’s visit to China is in just over two weeks, though some question whether the trip...
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.