The EPA issued another short-term opportunity to comment on its proposed biofuel volumes, especially how to reduce the biodiesel mandate.EPA Administrator Scott Pruitt today signed a notice of data availability (NODA) that will be published in the Federal Register this week. The notice provides “additional data on production, imports and cost of renewable fuel” as well as “several options” for how that data may be considered under the current waiver authorities to reduce the biomass based-diesel volume, advanced or overall biofuel volumes for 2018 and 2019 under the Renewable Fuel Standard (RFS). The market for Renewable Identification Numbers (RINs) reacted to this development, dropping 20 percent from yesterday’s close and 25 percent sinc...
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.