Senators Ron Wyden (D-Oregon) and Lisa Murkowski (R-Alaska) last Friday sent a letter to the U.S. Environmental Protection Agency's (EPA) acting Administrator Robert Perciasepe inquiring about Renewable Identification Number (RIN) prices and gasoline. "The reasons for this increase are unclear, as are the effects," the senators wrote. "Some industry analysts have blamed the increase in on a glut of ethanol, while others have blamed it on a shortage. What is abundantly clear is that this level of market volatility is unprecedented."The Senate Committee on Energy and Natural Resources, as represented by Wyden and Murkowski, is seeking from EPA the trading data from 19 February – 14 March, specifically the names and volume holdings of the 10...
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.
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...