World Perspectives
biofuel energy

Renewable Energy Replacing Coal

According to EIA, the renewable share of energy consumption in 2015 was its largest since the 1930s. Meanwhile, the most significant decline of U.S. fossil fuel use in recent years has been in coal, which saw its consumption fall 13 percent last year.Over the past 35 years, annual ethanol use has risen from 83 million gallons to 13.94 billion gallons, which is an overall annualized growth rate of more than 490 percent. Most of the increase has of course occurred since the Renewable Fuel Standard (RFS) was enacted in 2005.Biofuels, however, have not been the fastest-growing renewable energy source in the past decade. According to recently released U.S. Energy Information Administration (EIA) data, solar and wind for electricity generation ha...

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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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