Two major policy issues for biodiesel are on the docket: 1) a review of the countervailing duties (CVDs) on biodiesel imports from Argentina, and 2) the retroactive extension of the biodiesel tax credit (BTC). The most likely time frame for action on either appears to be in the fourth quarter of 2019. The first is an unwelcome potential policy change for biodiesel producers. The Department of Commerce announced last week in the Federal Register that it had made a preliminary decision to reduce those CVDs. In response to Argentina’s petition for a “changed circumstances” review of the U.S. antidumping duties (A/Ds) and CVDs on imported biodiesel it began one on 19 November (click here). Argentina’s petition was based...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.