USDA took several actions this year to intervene in the market to prop up prices, and this is the first time in a decade that it has had to do so.Ethanol mills must submit their final bids for 79,500 lbs of sugar in Commodity Credit Corporation (CCC) storage under the Feedstock Flexibility Program (FFP) by 11 December. That should clean up both the amount of sugar held in inventory by USDA that the department purchased for re-export credits in order to move sugar off the market and push up prices as well as the sugar that was under loan and forfeited.USDA took several actions this year to intervene in the market to prop up prices, and this is the first time in a decade that it has had to do so. In July, USDA exchanged 100,572 short tons (ST...
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 €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.