World Perspectives
biofuel

King and Queen Pillage the Village

King corn is losing a battle with Queen soybeans, and this has activated the politicians for another round of support. Renewable diesel is projected to increase five-fold from 1 billion to 5 billion gallons by 2026. Almost $2.6 billion is being invested in increased soybean crush capacity to meet this demand. It will require around 1.5 billion additional bushels of soybeans and creates three problems for corn: An edge in the battle for acres. Demand drives up profitability and farmers will grow beans instead of corn. Increased competition around coproducts. There will be a surplus of 35 million short tons of soybean meal competing with DDGS.  Winning RINs. Renewable biodiesel has a better GHG reduction value and its RINs will outc...

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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.

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