World Perspectives
biofuel

Looking at RFS Waiver Reallocation

One of the most controversial EPA actions over the past year has been the granting of hardship waivers for small refiners. Biofuel groups have complained that the waivers have been a de facto reduction in the Required Volume Obligations (RVOs), which is accurate, and they pressed hard prior to the release of the proposed 2019 biofuels volumes to have those waived amounts reallocated. The EPA did not take such action nor seek comments in its proposal on a potential allocation. Now Congress is involved. Representatives David Young (R-Iowa) and Collin Peterson (D-Minnesota) – who is also the ranking minority member on the House Agriculture Committee – introduced legislation on Friday that would force the EPA to do so. The bill is...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.72/bushel, down $0.0375 from yesterday's close.  Jul 25 Wheat closed at $5.435/bushel, down $0.0675 from yesterday's close.  May 25 Soybeans closed at $10.4025/bushel, up $0.0525 from yesterday's close.  Jul 25 Soymeal closed at $298.6/short ton, down $0...

Green Win/Lose, China Win, China Lose, Foreign Aid

Greens Win/Lose The only government-backed organization to say glyphosate is carcinogenic is the UN’s International Agency for Research on Cancer (IARC). U.S. EPA, the EU’s EFSA and other reputable government agencies have found this to not be true. But it is enough for Bayer to los...

FOB Prices and Freight Rates App (Updated 23 April)

Transportation and Freight Market Comments - 11 April 2025 By Matt Herrington Dry-Bulk Ocean Freight The trade war(s) and the possible Section 301 penalties against Chinese vessels docking at U.S. ports have kept freight markets exceptionally volatile in recent weeks. This week’s trend wa...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.72/bushel, down $0.0375 from yesterday's close.  Jul 25 Wheat closed at $5.435/bushel, down $0.0675 from yesterday's close.  May 25 Soybeans closed at $10.4025/bushel, up $0.0525 from yesterday's close.  Jul 25 Soymeal closed at $298.6/short ton, down $0...

Green Win/Lose, China Win, China Lose, Foreign Aid

Greens Win/Lose The only government-backed organization to say glyphosate is carcinogenic is the UN’s International Agency for Research on Cancer (IARC). U.S. EPA, the EU’s EFSA and other reputable government agencies have found this to not be true. But it is enough for Bayer to los...

FOB Prices and Freight Rates App (Updated 23 April)

Transportation and Freight Market Comments - 11 April 2025 By Matt Herrington Dry-Bulk Ocean Freight The trade war(s) and the possible Section 301 penalties against Chinese vessels docking at U.S. ports have kept freight markets exceptionally volatile in recent weeks. This week’s trend wa...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Mixed on Planting Pace, Weather, South American Outlook

The CBOT ended mixed on Tuesday as traders parsed through a slew of different data points. Perhaps the most influential news for the day was private crop analysts’ upward revisions to the Brazilian and Argentine corn crops, which combined with a strong start to planting the U.S. 2025 crop...

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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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