CARIBO, the organization representing Argentina’s biodiesel producers, indicated it is seeking to prevent the U.S. Congress from converting the current biodiesel blenders’ tax credit into a producers’ credit. Argentine Biodiesel Producers Oppose Shift in U.S. Blenders’ Tax Credit CARIBO, the organization representing Argentina’s biodiesel producers, indicated it is seeking to prevent the U.S. Congress from converting the current biodiesel blenders’ tax credit into a producers’ credit. The effect of the change would be to preclude the eligibility of biodiesel imports to receive a $1/gallon benefit. Argentina has supplied over half of the biodiesel that has been imported into the U.S. thus far in 2015.CARBIO said in a statement that the shi...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.