So far in September, ethanol has been more expensive than reformulated blendstock for oxygenated blending (RBOB) – i.e., the unleaded gasoline. This skews the blending economics of ethanol, which are not currently positive.According to the U.S. Department of Transportation, motorists logged a record 283.7 billion miles on U.S. roadways in July, typically one of the highest mileage months because it is in the height of the summer vacation period. The total was 4.2 percent higher than July 2014. Meanwhile, miles driven through the first seven months of this year are up 3.6 percent. The average pump price in July 2015 was $2.88/gallon, down nearly 22 percent from the average $3.68/ gallon during the same month a year ago. With all of this driv...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.