Here is a snapshot of some key ethanol and biofuel issues. China Drops DDGS Anti-Dumping Case China late last week announced that it is dropping its investigation into the DDGS anti-dumping case against the U.S. No specific reasoning was given, but the petitioners -- Cofco Biochemical (Anhui) Co., Jilin Fuel Alcohol Co., Meihekou Fukang Alcohol Co. and Jilin New Tianlong Wine Industry Company -- requested that the Trade Ministry withdraw their petition and the Ministry obliged. The case, which was launched in December 2010, claimed that U.S. DDGS imports were threatening domestic production because of unfairly low prices of the U.S. imports. China imported 2.5 MMT of U.S. DDGS in 2010. Imports in 2011 fell to 1.4 MMT in anticipati...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.