The Energy Information Administration’s energy outlook for this fall and winter factors in agriculture demand. Propane is expected to be down, diesel is expected to be up. Corn crop maturity in the U.S. is on track with the previous five-year average, and harvested grain moisture content is lower than last year, reducing propane use for drying. In fact, there has not been a big need for drying for most of the past five years, except for last year. A wet crop and a late harvest boosted the drying use demand for propane, competing with livestock/poultry and residential sectors, causing problems for corn growers. Energy costs in corn production last year, driven by propane, were about 19 percent higher than the previous fiv...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.