Politicons The petroleum industry gets a politically inspired federal investigation every time gasoline prices rise above consumer comfort levels. This year is no different except the price spike is more specific to California. Showing the gall of most of her ilk, U.S. Senator Dianne Feinstein (D-California) is demanding that federal regulators look for illegal collusion on prices in her state by the gasoline companies. The sad point is that everyone inside and outside of California understands that the cause is state level regulations that make it the most prescriptive fuel market in the country. Like previous price spikes, this one can be explained by the fundamentals; but more than in other cases, it is the result of policies supporte...
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.
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...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...