World Perspectives
biofuel energy

Ethanol and Crude Oil Shipments from the Midwest

Most crude oil, ethanol and biodiesel rail shipments in the United States originate in the Midwest (PADD 2). While only a relatively small percentage of crude oil is shipped in this manner, the overall volume has increased as domestic production exceeded pipeline takeaway capacity.As previously reported (see Ag Perspectives, 8 April 2016), The U.S. Energy Information Administration (EIA) has added data on rail movements of ethanol and biodiesel to its Petroleum Supply Monthly (PSM) report. The database, going back to January 2010, is now complete. Only data and estimates on net receipts by Petroleum Administration for Defense District (PADD) were available in the past, but the EIA currently tracks both shipments out and receipts in. PADDs a...

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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