The market is still awaiting the proposed required volume obligations (RVO) under the RFS. Rumors hit the market last week that the proposal was forthcoming. As of today, however, OMB does not have the proposal listed on its dashboard of regulations under review. The Administration continues to be pushed from all sides on the proposed volumes. The American Fuel and Petrochemical Manufacturers (AF&PM) Association says RVO compliance could add $0.23 per gallon to wholesale fuel costs because of RIN prices. The ethanol industry says that recovering ethanol and biodiesel production this year and in 2022 will bring down RIN prices as blending increases. The Energy Information Administration’s (EIA) June Short...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.