World Perspectives
biofuel

Biofuel Round-Up

E15: It is 9 April; by 1 May terminals that blend gasoline with ethanol need to be in compliance with summer-grade gasoline specifications that are effective on 1 June. The ethanol industry has pressed EPA for another emergency waiver for year-round E15 use in the summer of 2024. EPA did approve an E15 waiver for eight midwestern states, but that doesn’t go into effect until 2025. Further, that waiver is for states which produce 76 percent of the U.S. ethanol supply but use only 35 percent. The national waiver is much more significant in terms of demand. For the last two years there has been a nationwide waiver, announced at the “11th hour” on 28 April in 2022 and 29 April in 2023. Those benchmark dates are less than three...

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.04/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.2825/bushel, up $0.07 from yesterday's close.  Nov 25 Soybeans closed at $10.36/bushel, up $0.0225 from yesterday's close.  Dec 25 Soymeal closed at $297.2/short ton, up $1.3 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rallies, but is it a Correction or a Trend Reversal?

The CBOT turned higher at mid-week with wheat leading the way and corn and soybeans following on somewhat minor news items. Wheat saw a strong rally develop that created bullish key reversals on the charts after rumors of Asian export demand – fueled by the U.S. Gulf’s discount to R...

Rearranged Trade Impacts

U.S. tariffs are reordering world trade and may further impact the nation’s agricultural exports. While soybean exports to China are stalled as that nation redirects all of its purchases to South America, that has been a political position that ignores the lower cost of U.S. soybeans. How...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.04/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.2825/bushel, up $0.07 from yesterday's close.  Nov 25 Soybeans closed at $10.36/bushel, up $0.0225 from yesterday's close.  Dec 25 Soymeal closed at $297.2/short ton, up $1.3 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rallies, but is it a Correction or a Trend Reversal?

The CBOT turned higher at mid-week with wheat leading the way and corn and soybeans following on somewhat minor news items. Wheat saw a strong rally develop that created bullish key reversals on the charts after rumors of Asian export demand – fueled by the U.S. Gulf’s discount to R...

Rearranged Trade Impacts

U.S. tariffs are reordering world trade and may further impact the nation’s agricultural exports. While soybean exports to China are stalled as that nation redirects all of its purchases to South America, that has been a political position that ignores the lower cost of U.S. soybeans. How...

FOB Prices and Freight Rates App (Updated 20 August)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

Image
From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up