In Secretary Tom Vilsack's words, USDA is reacting to the "challenge of meeting the Renewable Fuel Standard" and the 36 billion gallons of renewable fuel by 2022 — 16 billion of which must be cellulosic — by announcing the last of a regional initiative to develop an advanced biofuel system in seven northeastern states: New York, New Jersey, Delaware, Ohio, Pennsylvania, West Virginia and Vermont.Five other such models have been set up in the Pacific Northwest, Northwest, Northern states, Southeast, and Southern States, all through USDA's Agriculture and Food Research Initiative (AFRI). This is aimed at developing regional, renewable energy markets, generating rural jobs, and decreasing America's dependence on foreign oil. In September 201...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.