On Sunday, there will be a presidential election in Brazil where the Rousseff government has developed and implemented a tax credit for ethanol imports. In the U.S., EPA's proposed reduction in statutory levels for ethanol has become a political issue, particularly in the Iowa Senate race.Things in Brasilia are similar to things in Washington with the focus on ethanol and politics. In the U.S., the 2014 Required Volume Obligations (RVOs) for blending biofuels are still not set a full 11 months after the statutory deadline and just more than 30 days before the U.S. congressional elections. Last fall, the EPA proposed a reduction in the statutory levels for ethanol for the first time since 2006 when the U.S. mandate for biofuels was establish...
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.