In April, the Biden Administration’s EPA announced that it would provide a temporary waiver for year-round E15 (see WPI’s article about the immediate market reaction here, and a breakdown of the actual impact here). In the end, the waiver adds about 107 days of more demand for E15 in 2022. A more permanent waiver is likely coming to at least eight states, however. A bipartisan group of governors from Iowa, Illinois, Kansas, Minnesota, Nebraska, North Dakota, South Dakota, and Wisconsin has petitioned EPA for a year-round E15 waiver for their states if it can be demonstrated that such a move would improve air quality. Thus, the states have submitted a study to that effect and are asking that the 1 pound per square inch (PSI) Rei...
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.