World Perspectives
biofuel

Global Biodiesel

The global biodiesel market is a like a big balloon – if pressure is put on one part (policy changes), there’s a bulge in another. In 2013, the EU placed antidumping duties on biodiesel imports from Argentina and Indonesia at rates of 22-25.7 percent and 8.8-20.5 percent, respectively. Then in March of this year, the National Biodiesel Board (NBB) Fair Trade Coalition petitioned the Department of Commerce and the U.S. International Trade Commission (USITC) to remedy Argentina’s export tax on feedstock (soyoil) as well as Indonesia’s direct grants and export taxes on the same (palm oil) to biodiesel producers. The U.S. case cited the EU example, and the coalition stated in a press release, “This is not the first...

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Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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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