Last week, General Motors announced that in an effort to lower its emissions its goal will be to produce 40 percent of its car and light duty vehicles as electric powered. The Renewable Fuels Association (RFS) commented through a statement from CEO Geoff Cooper. I would encourage people to take these announcements with a grain of salt …. There is a lot of posturing going on right now with the new administration and these aspirational announcements are getting blown a little bit out of proportion. In the meantime, the American Fuel and Petrochemical Manufacturers (AFPM) has been pushing for collaboration with the biofuels industry to preserve liquid fuel market share, in part by blocking subsidies for electric vehicles as per the Bi...
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
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.