Newton’s Third Law of Physics states that for every action, there is a reaction. That law also seemingly applies to renewable energy politics. As previously reported (see Ag Perspectives, 20 October), a biofuels advocate had taken a number of steps to pressure EPA Administrator Scott Pruitt from reducing the proposed biofuel volumes for 2018, which he agreed to via a letter issued 19 October. For that action, however, there are now opposite and equal reactions. For example, a group of governors and members of Congress wrote to Administrator Pruitt and reminded him of President Trump’s electoral performance in a number of key biofuel-producing states as well as his promises to maintain the Renewable Fuel Standard (RFS.) Now the...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...