The shrinking U.S. demand for fuel obviously exacerbates the blend wall issue. However, the global demand for crude and petroleum fuel, up about 6.5 percent outside of the U.S., has actually led to refinery expansions that are all targeted to the export market.U.S. energy markets are in a transition phase as is readily apparent from the blend wall issue highlighted by EPA's reduced biofuels volumes for 2014. Gasoline consumption is going down in the U.S. because of higher-mileage cars and the bow wave effect of baby boomers retiring with fewer younger drivers replacing them. This comes at a time when domestic crude oil production is up in the country and when natural gas production is increasing as well. The effect has been that the U.S. ha...
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.