World Perspectives
biofuel

Another Extension for BTC Proposed

Representatives Mike Carey (R-Ohio) and Ann Kuster (D-New Hampshire) last month introduced the Biodiesel Tax Credit Extension Act of 2024 that would extend the $1.00/gallon biodiesel blender credit through 2025. By way of background, the Biodiesel Tax Credit (BTC) – which applies to both biodiesel and renewable diesel – expires on 31 December 2024 and will be replaced by the Clean Fuel Production (45Z) tax credit in 2025.  There are a couple of key considerations in this transition.   First, the new 45Z credit is based on quantifiable carbon reduction scores for qualifying fuels, and to earn the credit by reducing carbon intensity scores, new capital investments at renewable fuel plants and changes in on-farm pro...

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FOB Prices and Freight Rates App (Updated 4 June)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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