Last week, the California Air Resources Board (CARB) finalized a rule that will outlaw the sale of gas-fueled cars by 2035. The plan is phased in requiring the auto fleet to be no more than 65 percent gasoline powered cars by 2026 and no more than 32 percent by 2030 before the 2035 ban. This plan, when and if fully implemented, would have an enormous impact on ethanol demand. Under the federal Clean Air Act (CAA), this has the ultimate potential to spread among states and reduce up to 44.545 billion gallons of motor gasoline demand, or more than 32 percent of the total national gasoline use, and impact about 37 percent of all new automobile and light truck sales. Assuming this lost motor gasoline was all to be blended at E10, the impact on...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
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.