Ethanol in the U.S. has hit the blend wall of 10 percent. The corn ethanol category alone, which is capped at 13.8 billion gallons, exceeds the 2013 10 percent blend wall of about 13.4 billion gallons. That does not leave room for the advanced ethanol categories, unless they start to squeeze out conventional corn starch ethanol.News from Brazil indicates that Brazilians who drive flex-fuel cars are starting to switch from fillling up with gasoline to cane ethanol after prices for the biofuel fell over the past month. However, in the available U.S. data on the price of E85, production and consumption suggest that E85 consumption has not expanded by a meaningful amount so far in 2013.Because of the drought's impact on corn production in 201...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.