EU Biodiesel Imports Will Reach Record High Level in 2012 Oil World indicates the EU is likely to import a record volume of biodiesel in CY 2012. During the first nine months of the calendar year, the EU imported 2.389 MMT (about 702 million gallons) of biodiesel, which equates to an average of 265,444 MT per month. The monthly average for all of 2011 was 231.500 MT per month. While imports slowed in August and September, it is likely that imports for the year will exceed last year's total of 2.778 MMT (about 816.6 million gallons). The bulk of the imports are from Argentina and Indonesia. Both countries use differential export taxes to subsidize biodiesel production and exports. The large imports of biodiesel into Europe have caused maj...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.