As it turns out, the President’s “giant package” to make corn farmers “so happy” is encumbered by administrative procedures and bureaucracy and is still very short on specifics. As Jody Lefcourt wrote in WPI’s Technical Perspectives, it is a case of “buy the rumor, sell the facts.” The plan was announced this morning but the details amount to nothing more certain than clarifying EPA will have to resort to supplemental rule making on the 2020 required volume obligations (RVO) regulations, and start a new process for a couple new rules. Market relevant details will be included in those forthcoming proposals from EPA. Here is what was released by the Administration this mornin...
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.