World Perspectives
biofuel energy

Biofuel Falters

U.S. biofuel makers are disappointed that U.S. EPA is not more aggressively pushing fuel blending, but their plight is consistent with the pandemic related faltering in global biofuel production. The International Energy Agency (EIA) says that 10 percent annual increases are needed in global biofuel production to meet the Sustainable Development Scenario. Instead, global production fell by 11.6 percent in 2020 due to reduced transport fuel use due to COVID. Production and utilization may increase in 2021 but it is unlikely to hit a full rebound.  Production increases before the pandemic were short of EIA’s projections, rising 7 percent in 2018 and 6 percent in 2019. If policymakers achieve their goal of greatly expanding the ele...

Related Articles
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipment for December 6-12, 2024.Wheat: Net sales of 457,900 metric tons (MT) for 2024/2025 were up 58 percent from the previous week and 16 percent from the prior 4-week average. Export shipments of 405,700 MT were up noticeably from the previous week and up 49 percent from th...

feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Posts Reversal; Wheat Hits New Lows as Dollar Surges

The CBOT reversed much of its recent weakness on Thursday with technical trade and “bottom picking” emerging in the soy complex. The soy complex was not oversold technically, but with values sitting on or near major support levels, many traders figured this was the time to take short risk off t...

Farm Aid Revived; New Economy versus Old; UPF Discussion

Farm Aid RevivedThe latest Monthly Monitor of agricultural economists showed that 56 percent believe the sector is already in a recession and a whopping 81 percent believe it is on the brink of a recession. The government’s stopgap bill to keep the government funded through March included $10 b...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipment for December 6-12, 2024.Wheat: Net sales of 457,900 metric tons (MT) for 2024/2025 were up 58 percent from the previous week and 16 percent from the prior 4-week average. Export shipments of 405,700 MT were up noticeably from the previous week and up 49 percent from th...

feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Posts Reversal; Wheat Hits New Lows as Dollar Surges

The CBOT reversed much of its recent weakness on Thursday with technical trade and “bottom picking” emerging in the soy complex. The soy complex was not oversold technically, but with values sitting on or near major support levels, many traders figured this was the time to take short risk off t...

Farm Aid Revived; New Economy versus Old; UPF Discussion

Farm Aid RevivedThe latest Monthly Monitor of agricultural economists showed that 56 percent believe the sector is already in a recession and a whopping 81 percent believe it is on the brink of a recession. The government’s stopgap bill to keep the government funded through March included $10 b...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4075/bushel, up $0.035 from yesterday's close. Mar 25 Wheat closed at $5.33/bushel, down $0.0825 from yesterday's close. Jan 25 Soybeans closed at $9.63/bushel, up $0.1125 from yesterday's close. Mar 25 Soymeal closed at $291/short ton, up $4.9 from yeste...

Image
From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up