World Perspectives
biofuel energy

Ethanol, Coke and Healthcare

The law of unintended consequences endlessly reveals itself in public policymaking, particularly in areas where it is most market distorting. Mandating the purchase of insurance was the solution to healthcare free riders, 12-ounce maximum soft drinks (the proposed solution to obesity), and now a federally mandated purchase of 4 gallons of fuel is the solution to preventing damage to small engines from blender pumps serving E15 gasoline. Apparently E15 causes premature engine failure in motorcycles, and enough residual fuel remains in the pump hose that dialing a machine back to E10 would still introduce the risk of damage to the vehicle. The rule from U.S. Environmental Protection Agency (EPA) will force motorcyclists, lawn mowing equipme...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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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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