The American Coalition for Ethanol (ACE) last Friday held its convention in Omaha, Nebraska. Agriculture Secretary Tom Vilsack spoke to ACE members shortly after the WASDE was released. Of course, the potential for a Renewable Fuel Standard (RFS) waiver was a hot topic at the conference.According to ACE, the general reason why a waiver is not warranted is that the RFS has a marginal impact on increasing feed prices that is more than offset by the significant impact the RFS has in moderating gasoline prices. However, as the chart below shows, corn prices (per ERS farm prices received) did significantly -- not marginally -- increase while conventional gasoline (non-reformulated) and reformulated (gasoline with oxygenate) also increased (not...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.