Some Argentine producers have been through this process previously with sorghum that was imported and used to make ethanol in California.Argentina's biodiesel industry is petitioning U.S. EPA to approve its "Alternative Renewable Biomass Tracking Requirement" and allow Argentine-produced biodiesel to qualify for biomass-based diesel as part of the Renewable Fuel Standard 2 (RFS2). The petition was submitted late last year and has surfaced as a major concern to the industry. In a letter to EPA, the American Soybean Association stated:Any consideration of the Argentina application without input or discussion with the U.S. biodiesel and soybean industries is very concerning. The ASA believes that the far reaching impacts of this issue require...
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
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.