World Perspectives
biofuel energy

Ethanol Stocks at All-Time High

Ethanol stocks have hit a record high, while production is still exceeding 1 million barrels/day despite the seasonal slowdown.Ethanol production dropped slightly last week to 1.019 million barrels/day, according to the U.S. Energy Information Administration (EIA). It was the lowest total in 19 weeks and off about 25,000 barrels/day from the previous week. However, it was the 23rd straight week that production exceeded 1 million barrels/day and also 4.5 percent higher than the same week a year ago. Such a weekly drop is not unusual seasonally as production typically moves lower in March and April, the period when plants start maintenance and the supply chain moves toward summer blends. Through 31 March, ethanol production is on pace to reac...

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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.

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