The Office of Management and Budget (OMB) has signed off on a rule for the 45Z tax credit. The credit was created by the Inflation Reduction Act of 2022 during the Biden Administration for the production and sale of low-emission transportation fuels. It was updated and extended as part of the r...
Soybean futures and the broader soy complex saw heightened volatility this week on a combination of domestic and international demand drivers. Following these moves, it is relevant to examine what seasonal pricing patterns suggest for the futures market, as well as what the implications are for...
U.S. grain transportation markets remain skewed by the impacts of cold weather and low water levels on the Mississippi River System, which have pushed spot CIF and FOB values sharply higher. Internationally, the recovery in ocean freight rates continues, with strong demand in the Atlantic while...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.