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biofuel

EPA Announces 2020 Biofuel Volumes

EPA Administrator Andrew Wheeler signed the agency’s proposed 2020 Required Volume Obligations (RVO) under the Renewable Fuel Standard (RFS) today, which will be published next week in the Federal Register and be open for public comments. The EPA will also hold a public hearing on the proposal with the date and time to be announced in a supplemental Federal Register document. The volumes were in line with industry expectations and as WPI had published on 13 May (click here). The entire increase over the final 2019 RVOS was 12 million gallons, all in the cellulosic category that is part the broader overall advanced category. Perhaps the bigger news is what the RVOs did not include. First, there were no changes nor reference to...

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Market Commentary: An Appearance of Weakness

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Supreme Court to Hear Tariff Case Tomorrow

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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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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