There was lower volume in much of the market today, except in soybeans where there was a healthy double-digit gain. Market inputs are steady for the moment, but that could change. The Energy Information Agency reported ethanol output last week at 1.084 barrels per day, beating expectations with a 0.18 percent increase and with the four-week average production up 2.4 percent year-on-year. The biofuel industry is arguing it is the panacea for trade war impacts on agriculture, and that increased exports are the future. In the category of strange bedfellows, Big Oil has joined with the biofuel industry in asking the Trump Administration to increase the renewable fuel blend rate in 2026 and beyond. They jointly want liquid fuels to win out...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.