With the 30 November deadline looming for the U.S. EPA's decision on required volume obligations and the Fed's upcoming December meeting where an interest rate hike will no doubt be discussed, there are a few updates on these two timely issues.Over the past few weeks, we’ve previewed the upcoming biofuels mandate and what the Federal Reserve Board might do at its next meeting, both topics of interest to the markets. Following are updates on these two timely issues:Renewable Fuel Standards (RFS) – There was a last minute push to influence the U.S. EPA’s decision (see Ag Perspectives, 9 November) prior to its release of the combined 2014, 2015 and 2016 required volume obligations (RVOs) for biofuel blending and that for biodiesel in 201...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.