The U.S. cottonseed shortage has been exacerbated by the nation's dairy and cattle feeding sectors' continued strong demand for its usage in direct feeding. Soyoil Used as Feedstock for 53.3 Percent of U.S. Biodiesel in 2013 Oil World estimates soyoil was the feedstock for 53.3 percent of the biodiesel produced in the U.S. in 2013, down from 54.2 percent in 2012. The German analytical firm estimates recycled fats and oils were used to produce 13.1 percent of U.S. biodiesel output in 2013, up from 12.8 percent in 2012. The estimates for the share of U.S. biodiesel produced with other oils and fats in 2013 were 10.3 percent for corn oil, 9 percent for tallow/yellow grease and 6.1 percent for palm oil. Cottonseed Prices Continue to Rise I...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.