World Perspectives
soy-oilseeds biofuel

Updates on Renewable Diesel Demand and Soyoil Pricing

The recent weakness in soyoil prices – and, indeed, the multi-year plunge from record highs in 2022 – has been driven by the dynamics of declining expectations for consumption of renewable diesel and biodiesel. This fact is likely well known by WPI readers, though the details of what exactly has been driving the decline may not be as readily identifiable. This article examines the major drivers behind the renewable diesel boom and its impact on soyoil prices, and how the recent deterioration of industry profits has negatively affected these markets. Based on market conditions and our analysis currently, WPI looks for soyoil prices to dip further in 2024/25, but a growing export program should help prevent a major market collapse. As a...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

European Market Analysis

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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