World Perspectives
feed-grains biofuel energy

Ethanol Hits Record Output

Ethanol output jumped last week by 25,000 barrels per day (bpd) to a weekly average of 1.03 million bpd, setting a record for the second  consecutive week and significantly impacting prices.Ethanol output jumped last week by 25,000 barrels per day (bpd) to a weekly average of 1.03 million bpd, according to the U.S. Energy Information Administration (EIA). That is a new record, beating out the previous week’s average of more than 1.01 million bpd. Last week’s production equated to 303 million gallons versus the previous week’s 295 million gallons. Ethanol stocks continued their build, hitting 890 million gallons last week compared with 888 million gallons the week before. Overall for the year, ethanol stocks are up 8 percent.Prior to No...

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Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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