Just over a year ago (29 August), WPI reported on the California Air Resources Board (CARB) having finalized a rule that would effectively outlaw the sale of gas-fueled cars by 2035, in favor of electric vehicles (EVs). The plan would be phased in requiring the auto fleet to be no more than 65 percent gasoline powered cars by 2026 (starting about 16 months from now) and no more than 32 percent by 2030 before the 2035 deadline to ban combustion engine cars outright. This plan, fully implemented, would have an enormous impact on ethanol demand. However, yesterday, the U.S. House of Representatives passed the Preserving Choice in Vehicle Purchases Act by a vote of 222-190; that legislation would pre-empt California’s ban. Th...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.