The House Agriculture Committee’s Subcommittee on Commodity Exchanges, Energy, and Credit held a hearing today on the “Renewable Economy in Rural America.” Emily Skor, CEO of Growth Energy, a biofuel trade association, mentioned in her testimony that “We are also awaiting the RVOs for 2022.…” Indeed, there have been rumors since mid-June that the 2022 RVOs were on their way. But as we reported, OMB was still taking meetings from interested parties during the agency’s review and that would have precluded signing off on a final version. The last meeting was the afternoon of 28 September, so today marks seven weeks since the docket was effectively cleared for release - and still no RVO...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.
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...