Biofools Bull Market economists hate government policy intrusions and the requirement to blend biofuels ranks among the most egregious but there is curiosity in a recent related controversy. Vegetable oil has been under downward price pressures in part due to reports that the Biden Administration is developing blending targets that will be flat or declining to balance the interests of petroleum refiners and the clean energy agenda. First, this President claims to want to replace fossil fuels with cleaner energy so why would he slow the evolution of that process? The question is especially pertinent given the outcome of a court case regarding the small refiner exemption. While the crux of the case is whether EPA has the authority to grant w...
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.