With or without e-15, one of the brewing clashes is the one coming between corn and advanced ethanol. There are only so many gallons of transportation fuel that will be needed in any given year.The U.S. Senate Committee on Environment & Public Works held a hearing last week on the oversight of domestic renewable fuels. It was one more look at the 2014 required volume obligations (RVOs) issued by the EPA and the broader issue of renewable fuel standard (RFS) reform that is likely to be debated in 2014 or 2015.Wesley Clark, co-chairman of Growth Energy, testified and cited his years in the military. He is a retired Army general who underscored the energy independence argument:I spent almost 40 years in our nation's armed forces and have s...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
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...