The EPA’s proposed rule on year-round E15 use is presently at the Office of Management and Budget (OMB). The administration has promised to have it in place by 1 June, which is Saturday. Therefore, the market should expect the rule this week. As WPI has previously noted, the new rule is likely to be greeted by a court challenge from the petroleum industry and retailers have been reluctant to make investments in infrastructure to store and dispense E15 given the legal and regulatory uncertainty that is limiting short term market impact of the rule. Before leaving for his state visit to Japan on 23 May, President Trump called the summer ban on E15 “ridiculous” and further stated, "We increased it to E15. That's treme...
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.
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...