While the effort to reform the Renewable Fuel Standard (RFS) is running apace in Congress, a number of interests are weighing in on the actual farm bill's energy title. The Biotechnology Industry Organization (BIO) has sent a letter to the House and Senate Agriculture Committees urging inclusion of renewable chemicals in the energy title. Another letter was sent by a coalition of about 100 groups in support of the energy title. The groups point out that the energy title was only 0.7 percent of overall spending in the 2008 Farm Bill and that it is crucial to maintain energy programs in the farm bill as a supplement to traditional support programs that are being cut.The letter claims that since 2009, the energy title has created or saved "t...
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.