World Perspectives
biofuel

Diesel Market Slowly Returning to Balance

According to the U.S. Energy Information Administration, at the end of November, U.S. distillate inventories fell to 145.8 million barrels, which was back within the previous five-year (2015–19) range for the first time since 8 May. Diesel demand dropped to its low the most in June and fuel inventories started to build. By late July, inventory reached 180 million barrels, just 3 percent lower than the historic record of December 1982. Distillate inventories started the year near the bottom of the five-year range and briefly fell lower than the range in March and April. From late May through mid-September, inventories remained above 174 million barrels. Since mid-September, inventories have been declining and are now within the five...

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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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