With the federal government now fully reopened (at least until 15 February) and the EPA likely to soon have a full-time administrator (the Senate Environment and Public Works Committee confirmation hearing on Acting Administrator Andrew Wheeler is 5 February), there are two important rulemakings under the Renewable Fuel Standard (RFS) back underway. The first is the approval of year-round use of E15, which is fuel blended with 10.5-15 percent ethanol, and the second is the reset of the statutory volumes of biofuels. Under the statute, after 2016 the EPA is required to modify the applicable volumes of the RFS in future years if the administrator had waived the renewable fuel, advanced biofuel, cellulosic biofuel or biomass-based diesel mand...
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.