Strange Bedfellows The oil industry and U.S. agriculture have long conflicted with one another. The oil industry strongly opposed the ethanol blending mandate pushed through the Congress by the agriculture sector. Ethanol not only replaced the oil industry’s gasoline, but it also created supply chain hurdles due to its hygroscopic nature. Now the oil industry is backing an agriculture sector push to mandate a nationwide E15 blend. Why the change? Big Oil has always suffered from reputational animosity due to its perceived monopolistic control over an economic necessity. By contrast, polling shows nearly 90 percent of Americans trust farmers. Now that climate change policies are seeking to eliminate petroleum, the industry needs conti...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.