As we wrote just over one year ago, on 1 February 2021, … the general trend of fuel policy is clearly shifting the struggle from how much of the tank is filled with gasoline versus biofuel to a struggle between liquid fuel and alternatives. … Whether the petroleum and biofuels industry align as strange bedfellows under a liquid fuel coalition or not, the trends in alternative vehicles and mileage efficiency moving forward have the same potential adverse consequences for them both. Of course, the primary alternative is electric vehicles. While the U.S. lags behind much of the world in adopting electric vehicles (EV), including China and Europe, growth in the overall number of EVs in the U.S. has been 28 percent since 20...
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.
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...