Like the proverbial bad penny, the issues raised by the CFTC’s proposals to establish limits on the size of speculative positions held in derivative markets never seem to go away. Chairman Timothy Massad has indicated that he is determined to pass a final version of the related rules and regulations this year.Like the proverbial bad penny, the issues raised by the Commodity Futures Trading Commission’s (CFTC’s) proposals to establish limits on the size of speculative positions held in derivative markets never seem to go away. The political class decided that a root cause of the financial crisis of 2008/09 was excessive speculation, however defined. One of the underlying themes of the famous Dodd-Frank financial market reform legislation tha...
Key Takeaways: Soyoil futures have been trading at the highest levels since 2022. Higher crude oil prices have allowed biofuels to be more cost-competitive with fossil fuels. Recent U.S. biofuel policy, including 45Z, has been favorable toward soyoil as a feedstock. California will be limiting...
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.