Last Friday, the Administration announced its plans to boost the ethanol volumes under the RFS to “more than 15 billion gallons,” however, as we reported on Tuesday of this week, it is more likely that EPA will set ethanol Renewable Volume Obligation (RVO) for 2020 to net out at 15 billion gallons. We will find out soon as EPA sent its proposed supplemental rule on the 2020 RVOs to the Office of Management and Budget (OMB) for review this week. Assuming OMB completes its oversight in a timely fashion the proposal should be published in the Federal Register next week. It is expected that the proposal will be open for a 15 day comment period, which would close by the end of October. That would leave only 30 days...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.