World Perspectives
biofuel softs

Can’t Beat Beet Molasses

Molasses left over from the processing of beets for sugar is typically the poor cousin to the molasses that results from making sugar from sugarcane. Cane-based molasses has superior nutritional qualities and has historically earned a premium. USDA pricing from more than a decade ago shows a 50 percent premium for that variety over its beet-derived cousin. Currently, molasses made from beets is carrying a 10.7 percent price advantage, largely due to its demand as an ethanol feedstock under the EU’s Renewable Energy Directive (RED). Cane molasses is preferred in animal feed rations and is thus imported by Europe for its livestock sector. Additionally, aversion to the “empty” calories in sugar and its higher price is causin...

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EU Studies Trading Houses

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softs

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While oilseeds receive much of the attention, tree nuts, which are technically a seed and containing oil, have gone even more gangbusters for U.S. producers in recent years. Almonds have received much of the focus as the U.S. produces nearly 80 percent of the crop and a comparable share of the...

FOB Prices and Freight Rates App (Updated 15 November)

Ocean Freight Comments - 15 November 2024By Matt HerringtonDry bulk freight markets were mixed this week with Capes rising while Supramax vessel rates declined yet again. The Capesize sector found support from China’s recent efforts to stockpile coal and iron ore, but this support has not yet t...

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As part of its witch hunt for unfair market practices, the EU Parliament’s AGRI Committee requested a study of the major agricultural commodity trading companies and their impacts.  The study may inform populists in the U.S. that also see consolidated industries as inherently harmful, but...

softs

USA Gone Nuts

While oilseeds receive much of the attention, tree nuts, which are technically a seed and containing oil, have gone even more gangbusters for U.S. producers in recent years. Almonds have received much of the focus as the U.S. produces nearly 80 percent of the crop and a comparable share of the...

biofuel

Senate Committee Changes and Ethanol Legislation

As WPI noted a week ago on 4 November, As a general rule, a Republican agenda is likely to be friendlier to liquid fuels, especially petroleum fuels, whereas a Democrat agenda is more likely to include a role for electric vehicles, and a renewable fuels policy that will focus on reducing c...

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From WPI Consulting

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.

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