Yesterday was 16 September, which means that retailers can sell E15 again. Because of the evaporative volatility, it is not sold during the period of 1 June-15 September. However, the Trump administration is looking at granting a waiver for year-round sales, which could come prior to the November elections. While hoping that this use restriction is addressed, the next step targeted by the ethanol industry is marketing. Its ongoing research shows that the name E15 is a deterrent to consumer purchasing; thus, an effort is underway to promote it as Unleaded 88, a name that refers to its blended octane rating and is already in use by some retailers in Minnesota. The new name positions E15 as a mid-grade fuel. Regular fuel is 87 octane, premium...
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
All eyes are shifting to the Senate following the House passage of a farm bill last Thursday. Senate Agriculture Committee Chair John Boozman (R-Arkansas) is targeting the end of May or early June for a bill markup. According to Boozman, the House “going ahead and passing something was re...
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.