The latest two lawsuits facing U.S. EPA are from Valero, the nation’s largest refiner and third-largest ethanol producer. The first petitions that EPA move the obligations to blend biofuels from refiners to the marketing companies downstream that own the fuel at the time of blending.Perhaps the safest job in America right now is being a lawyer at the U.S. EPA as the agency is facing at least seven lawsuits over the Renewable Fuel Standard (RFS). The latest two are from Valero, the nation’s largest refiner and third-largest ethanol producer. The first petitions that EPA move the obligations to blend biofuels from refiners to the marketing companies downstream that own the fuel at the time of blending. The argument is this will help boost bio...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.