Both sides of the ethanol debate are hitting the airwaves trying to influence the outcome of the EPA’s decision regarding a proposed reduction in the RVO, which will be announced by 30 November.As we wrote on 9 November, the ethanol debate – now 10 years into the Renewable Fuel Standard (RFS) – is as hot as ever. Here’s a summary of the latest salvos. The World Agricultural Supply and Demand Estimates (WASDE) report this week triggered a letter from the National Corn Growers Association (NCGA) to President Obama. The WASDE forecast corn production up 99 million bushels, based on an increased yield of 169.3 bushels per acre – just 1.7 bushels lower than last year’s historic record. Feed use, based on expansion and cheaper feed, moves up...
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.