World Perspectives
biofuel energy

Energy, Horses, Bugs, Econ

The saga over horse slaughter in the U.S. is a repeating nightmare for both its proponents and opponents. This time around, horse slaughter opponents used their chits to once again prohibit the use of USDA funds for the inspection of equine meat-packing plants. Wistful Energy Powerful (or powerless) new White House advisor John Podesta says that one of his goals is to convert an "inefficient, high-carbon-based economy" into one that is "low-carbon-based and building sustainably." Maybe, but thus far the data shows that economic growth is fully correlated to carbon-based energy utilization. The only commercial cellulosic energy plant was just shut down due to non-competitiveness. To throw more dirt on this White House effort, the omnibus s...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.4725/bushel, down $0.0175 from yesterday's close.  May 26 Wheat closed at $5.8025/bushel, down $0.1775 from yesterday's close.  May 26 Soybeans closed at $11.62/bushel, up $0.0375 from yesterday's close.  May 26 Soymeal closed at $314.1/short ton, up $2.3...

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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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