A number of developments are brewing in the biofuels sector. Below is a look at each: Sugar to Ethanol The Feedstock Flexibility Program (FFP) was completed – at least the first round – with bids for sugar from one ethanol producer being accepted. A total of 118,000 short tons (ST) of sugar were offered. As we previewed last week, the bidding was light and, as we also projected, the most likely potential buyers of the sugar are ethanol mills that are out of location for the Corn Belt – probably south and west. Front Range ethanol of Colorado purchased 7,118 ST at a price of six cents per pound. A southern ethanol mill which was expected to bid did not come to terms. The amount sold should produce about one million gallon...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.