World Perspectives
biofuel energy

Farm Bill Debate to Divert to Biofuels

When Congress reconvenes on 3 June, the Senate farm bill debate is likely to turn to ethanol and biofuel issues related to the Renewable Fuel Standard (RFS), despite the fact that the farm bill does not have any jurisdiction over the program. Expected amendments include one from Senators John McCain (R-Arizona) and Jeff Flake (R-Arizona), which would prohibit USDA from funding flex pump installations; one from Senator Jim Inhofe (R-Oklahoma), which would allow states to opt out of the RFS; and, one from Senators Bob Corker (R-Tennessee) and Joe Manchin (D-West Virginia), which would lower advanced biofuel requirements under the RFS in accordance with the lowering of cellulosic requirements.Obviously, these amendments come from the reform...

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Market Commentary: Limping Home After a Dreary Week

Friday involved relatively lower volume and modest price changes as new inputs remain limited. And it wasn’t really due to the lack of USDA reports due to the shutdown since they may not have involved anything market moving. Harvest is progressing, competitors have ample supplies, and buy...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.19/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.1525/bushel, up $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.18/bushel, down $0.0575 from yesterday's close.  Dec 25 Soymeal closed at $278.6/short ton, down $0.7...

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

Market Commentary: Limping Home After a Dreary Week

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feed-grains soy-oilseeds wheat

Summary of Futures

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Competing Manufacturing Data

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feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

Following the recent shocks to the grain markets – the Grain Stocks report data and news that soybeans will be on the negotiating table when Presidents Trump and Xi meet next – many are wondering what happens next as far as commodity pricing goes. WPI certainly doesn’t have a...

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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.

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