With gasoline prices quite high in Brazil as a result of government actions, ethanol has become more attractive to motorists there in a country where the auto fleet is largely flex fuel cars.Brazil Ethanol Use: Gasoline prices in the U.S. are down this week about $1.02 from last year, but that is not the case in Brazil where they are very high. The government there has raised the price to prop up the state-owned oil company Petrobras and also added new taxes. This has made ethanol more attractive to motorists in a country where the auto fleet is largely flex fuel cars. March was the fourth-largest month since 2000 for sales of hydrous ethanol, which have increased 27 percent over the first quarter of 2015. Currently, ethanol prices are less...
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.