The EPA will likely release its Required Volume Obligations (RVOs) final rule for 2019 next week, prior to the 30 November deadline. While now being reviewed by the Office of Management and Budget (OMB), there is little evidence that the volumes will be changed substantially from the proposed rule issued in June. That proposal raised the total amount of renewable fuels under the Renewable Fuel Standard (RFS) by 590 million gallons in the overall advanced biofuel category. Of that, there was a 93 million gallon increase in cellulosic with the rest under the undifferentiated category for which biomass-based diesel qualifies. By statute, the biodiesel-specific volume must be set 14 months in advance, so the 2.1 billion gallons for 2019 had al...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
From WPI Consulting
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.