World Perspectives
feed-grains soy-oilseeds biofuel

Oilseed Highlights

EPA Sets Biodiesel Blend Mandate at 1.28 Billion Gallons The U.S. Environmental Protection Agency (EPA) last Friday announced that it will set the biodiesel blend mandate for 2013 at 1.28 billion gallons. That is a 28 percent increase from the 2012 mandate of 1 billion gallons and forecasted production in 2012 of 1.07 billion gallons. The 280-million-gallon increase is necessary to meet requirements for blending advanced biofuels. Biodiesel is the only advanced biofuel now being produced in any volume. EPA labeled the increase in 2013 as "moderate."Assuming it requires 7.3 pounds of fats and oils to produce a gallon of biodiesel, it will require 4.238 MMT (9.34 billion pounds) of fats and oils to make 1.28 billion gallons of biodiesel. T...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

Bullish sentiments have been driving the CBOT higher since last week’s U.S.-China trade talks, but bears finally made an appearance on Tuesday. The CBOT saw the entire soy complex pullback as China has not confirmed anything about what the Trump administration claims was agreed to in Sout...

Supreme Court to Hear Tariff Case Tomorrow

The Supreme Court will hear the case on President Trump’s tariffs tomorrow, and leading into the court session the White House is exuding confidence that the Court will uphold the President’s tariff powers under the 1977 International Economic Emergency Powers Act (IEEPA). However,...

Inspiring Change; Transactional Ag; USMCA Attack

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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