Ethanol markets continue to be battered on both sides: the COVID19 related demand drop and the Russia-Saudi Arabia price war supply shock. Ethanol values are following corn up and down with all the other gyrations in the market. Facing a deadline of Tuesday 31 March (which is the end of the “15 Days to Flatten the Curve” period as well), the Trump Administration has yet to make a decision on whether to challenge the 10th District Federal court decision on EPA’s process for granting small refinery exemptions (SREs). There is much pressure from the biofuels industry and their champions in Congress. A recent letter sent from the House of Representatives asks the President to… direct EPA to respect t...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
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...