The market is still awaiting the proposed required volume obligations (RVO) under the RFS. Rumors hit the market last week that the proposal was forthcoming. As of today, however, OMB does not have the proposal listed on its dashboard of regulations under review. The Administration continues to be pushed from all sides on the proposed volumes. The American Fuel and Petrochemical Manufacturers (AF&PM) Association says RVO compliance could add $0.23 per gallon to wholesale fuel costs because of RIN prices. The ethanol industry says that recovering ethanol and biodiesel production this year and in 2022 will bring down RIN prices as blending increases. The Energy Information Administration’s (EIA) June Short...
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.
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...