The EPA has promised to have the waiver to allow year-round E15 use in place by the beginning of the summer driving season (1 June-15 September), which is when it is restricted under current regulations. An agency spokeswoman confirmed on 15 May that “EPA will finalize the rule before the start of summer driving season.” This means the new rule must be issued within the next 10 days. Seasonally, April-September is the high demand period for motor fuel. The latest forecast of fuel ethanol blending during those months in 2019 is 970,000 barrels/day, up 19,000 barrels/day versus 2018. That is a marginal increase of about 146 million gallons, which would roughly be 90-110 million gallons over the summer driving season. That forecas...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.