As mentioned on Friday 2 December, in a separate proposed rule issued with the RVOs, EPA finalized an approved pathway for canola oil to be used in renewable diesel. Canola oil, processed through transesterification has been approved as a feedstock for fatty acid methyl-ester (FAME) biodiesel since 2010. The new pathway is for canola oil as renewable diesel, jet fuel, naphtha, LPG, or heating oil via a hydrotreating process. As noted in last Friday’s report, canola has an approved pathway for renewable diesel under the California Low Carbon Fuel Standard (LCFS), but not the federal Renewable Fuel Standard (RFS). This new federal regulation will take effect in 30 days, or at the beginning of 2023. The United States Canola...
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.
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...