Last week was a very volatile week for biofuels policy. The president said the administration is very close to approving a year-round waiver for E15 as well as a two-year measure to relieve high prices of Renewable Identification Numbers (RINs). Reports also emerged that Senator John Cornyn’s (R-TX) efforts at legislation to reform the Renewable Fuel Standard (RFS) continue to move forward and may address exemptions for small refineries. Meanwhile, the House Energy and Commerce Subcommittee on the Environment held a hearing on the role of high-octane fuels (HOF). The refinery industry’s reaction to the president’s comments on E15 were swift and strong. The American Petroleum Institute (API) stated that it "plans to consid...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...