Soybeans and soyoil were already spiking due to Israel’s attack on Iran and the bolt higher in the petroleum market and then the Trump Administration goosed it even higher by issuing a biofuel blend mandate of 24.02 billion gallons in 2026. It will be a record amount under the Renewable Fuel Standard and likely frustrated some market participants that had shed their soyoil positions in recent days expecting a lower blend rate. Notable is the increase to 5.86 billion gallons of biomass-based diesel in 2027. That is a whopping 75 percent increase over the 3.35 billion gallons in 2025. The mandate will be 5.61 billion gallons in 2026. The Administration is not known to be renewable energy friendly, but the substantial increase is l...
What You Need to Know Today: Shipping in the Black Sea is at a standstill, with neither Ukraine nor Russia yet ready to swerve in this game of maritime and export brinkmanship. Israeli media suggests the U.S. and Iran may be close to making a deal or at least restoring the memorandum of unders...
Just when it seemed the restaurant industry had finally moved beyond the pandemic disruption, the arithmetic of the American food dollar caught up with it. The National Restaurant Association projects that total restaurant and foodservice sales will reach a record $1.55 trillion in 2026, but on...
Key Takeaways: Brazil’s pork exports have more than doubled since 2019 as competitive feed costs, ASF-free status, and expanding global demand have strengthened the country’s position in international markets. Brazil’s abundant domestic production of corn and soybeans provide...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.