This week, EPA extended (effective as of today) the summertime waiver for E15 until 29 August. Note the summer driving season – when E15 would otherwise be prohibited – ends on 15 September. The beginning of the summer driving season when retail sale of E15 is prohibited starts on 1 June, but the waiver began on 1 May, the date when wholesale fuel sales from terminal storage are prohibited to meet the June retail deadline. Recall, on 23 April, WPI reported on EPA’s initial E15 waiver which was based on fuel market uncertainty. As noted then, allowing E15 in the summer remains a complex series of short term 20 day waivers that are renewed (or denied) until “such time as the extreme and unusual fuel supply...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.