World Perspectives
biofuel

Senator Grassley on RVOs: “Worst Week in Washington for Ethanol Ever”

There are more rumors circulating about potential cuts in the require volume obligations (RVOs) for biofuels. Those stories have certainly gained the attention of industry supporters on Capitol Hill, especially Senator Chuck Grassley (R-Iowa).   There have been rumors for months that EPA would reduce the RVO’s for not only 2021 and 2022, but retroactively for 2020 (see our coverage from 3 September here). This issue popped up last week, as a document with proposed cuts circulated, but then there was speculation that the document was sent through a e-mail phishing/spoofing scam as Matt Herrington reported on 22 September. This week, the assertion is that leaked documents are straight from EPA, leading Grassley to say, if the...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.015 from yesterday's close.  May 26 Wheat closed at $5.91/bushel, down $0.1225 from yesterday's close.  May 26 Soybeans closed at $12.0175/bushel, up $0.055 from yesterday's close.  May 26 Soymeal closed at $314.5/short ton, up $1 fro...

Economic Outlook for 2026

The January jobs report surprised to the upside, coming in at 172,000 new jobs, well above the consensus expectation of 68,000. However, the February report showed jobs falling by 86,000, far off the consensus expectation of a gain of 60,000. This loss was driven by education, leisure and hospi...

wheat

AP Quant: WASDE Wheat

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.015 from yesterday's close.  May 26 Wheat closed at $5.91/bushel, down $0.1225 from yesterday's close.  May 26 Soybeans closed at $12.0175/bushel, up $0.055 from yesterday's close.  May 26 Soymeal closed at $314.5/short ton, up $1 fro...

Economic Outlook for 2026

The January jobs report surprised to the upside, coming in at 172,000 new jobs, well above the consensus expectation of 68,000. However, the February report showed jobs falling by 86,000, far off the consensus expectation of a gain of 60,000. This loss was driven by education, leisure and hospi...

wheat

AP Quant: WASDE Wheat

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

soy-oilseeds

AP Quant: WASDE Soybeans

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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