Two weeks ago, EPA increased the blending requirement for ethanol and biodiesel under its supplemental small refinery exemption (SRE) proposal. More changes, and potentially additional volumes of biofuels, are likely in the new year. EPA has pulled its proposed RFS re-set proposal from OMB, which was sent for review back on 20 May, and will start that process over. The rule was expected to be proposed officially in February 2020. The reset rule was already years late. Under the statute, after 2016, the EPA is required to modify the applicable volumes of the RFS in future years, if the Administrator had waived the overall renewable fuel mandate, the advanced biofuel mandate, the cellulosic biofuel mandate, or the biomass-based diesel manda...
What You Need to Know Today: Attacks between the U.S. and Iran intensified overnight and the U.S. Central Command reported that the U.S. naval blockade against Iran will begin at 3:00 PM CDT Tuesday. President Trump said the Strait of Hormuz is open to all shipping traffic, except Iran. In an...
Beef packer margins improved to -$172/head last week, up $31 from the prior week as sharply lower fed cattle prices more than offset a seasonal decline in the Choice cutout. The cutout fell to $382/cwt while fed cattle prices dropped to $248/cwt, allowing packers to recover some of the margin c...
Key Takeaways: Aquaculture is becoming increasingly important in meeting global seafood demand, gaining market share as wild-caught fisheries face production limitations. Superior feed conversion efficiency gives aquaculture a competitive advantage over traditional livestock production, with l...
From WPI Consulting
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.