Leading the opposition was the UK, which the Department of Transport there indicates is preparing to offer legislative reforms to its own Renewable Fuel Transport Obligation (RFTO).In 2008, the EU adopted the Renewable Energy Directive, which (among other things) requires that renewable energy be a 20 percent share of the total EU energy mix. Part of that share is a 10 percent minimum target for renewable energy consumed by the transportation sector in all member states. This could come from biofuel or renewable electricity in the case of public transport and electric vehicles. By the end of this year and two-thirds of the way toward its full implementation, the directive will be subject to a review. According to the director for renewables...
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.