Here is a snapshot of some key ethanol and biofuel issues. China Drops DDGS Anti-Dumping Case China late last week announced that it is dropping its investigation into the DDGS anti-dumping case against the U.S. No specific reasoning was given, but the petitioners -- Cofco Biochemical (Anhui) Co., Jilin Fuel Alcohol Co., Meihekou Fukang Alcohol Co. and Jilin New Tianlong Wine Industry Company -- requested that the Trade Ministry withdraw their petition and the Ministry obliged. The case, which was launched in December 2010, claimed that U.S. DDGS imports were threatening domestic production because of unfairly low prices of the U.S. imports. China imported 2.5 MMT of U.S. DDGS in 2010. Imports in 2011 fell to 1.4 MMT in anticipati...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.