As we previously reported (6 July), the U.S. Court of Appeals for the DC Circuit struck down the Trump Administration EPA’s decision to provide a waiver for year-round E15 sales, and we noted that “biofuels groups have said that “every legal, regulatory and legislative option” would be pursued.” As of now, the legislative route is being charted first. A legislative change to the Clean Air Act has been introduced - The Year-Round Fuel Choice Act. It’s a bipartisan bill in both the Senate and the House sponsored by Senators Deb Fischer (R-Nebraska) and Amy Klobuchar (D-Minnesota) and Representatives Adrian Smith (R-Nebraska) and Angie Craig (D-Minnesota). Last year was the largest annual decrease in...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
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.