Scott Pruitt, nominated to be EPA administrator, was pressed to provide more substantive answers regarding the RFS by senators who will eventually be voting on his confirmation. Nonetheless, he is correct in averring that the RFS is essentially more in the hands of Congress.There was much news coverage of the Senate Environmental and Public Works Committee hearing on 18 January regarding the confirmation of former Oklahoma Attorney General Scott Pruitt as U.S. EPA administrator. He is one of the Trump administration’s most controversial nominees. Among other contentious issue positions, Pruitt had been critical of the Renewable Fuel Standard (RFS) in the past. However, he did not mention the RFS nor biofuels in his opening statement before...
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.