World Perspectives
biofuel

Biofuel Bits

U.S. RFS Volumes The Office of Management and Budget (OMB) is reviewing the EPA’s proposed rule under the Renewable Fuel Standard (RFS) program for establishing the mandated volumes of biofuel use in 2018. Under that preliminary proposal, the agency called for 19.24 billion gallons of renewable fuel: 15 billion gallons of conventional biofuel (e.g., primarily corn ethanol) and 4.24 billion gallons (ethanol equivalent) of advanced biofuel, including 238 million gallons of cellulosic biofuel and 2.1 billion gallons of biomass-based diesel. This has generated 236,370 comments, and the final rule is required by statute to be release by 30 November. Given the Department of Commerce’s (DoC’s) initial ruling in August calling fo...

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Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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From WPI Consulting

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.

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