There is an ongoing shift in the biofuels market toward more renewable diesel, which at some point will start to put a squeeze on traditional biomass-based diesel. The distinctions between the fuels are subtle but important. In fact, it’s important enough that the U.S. Energy Information Administration (EIA) will be changing its data collection and reporting to distinguish between biomass-based diesel and renewable diesel instead of lumping them together as they currently are in its statistical reporting. Biomass-based diesel is made with fats and methanol, a process called transesterification, and thus is sometimes referred to as fatty acid methyl ester (FAME). The production process introduces oxygen into the resulting fuel, which...
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.