On Wednesday of this week, the U.S. EPA submitted its proposed RVOs rule for biofuel use under the RFS to the White House OMB. The question that remains is whether the final rule will change these volumes.On Wednesday of this week, the U.S. EPA submitted its proposed Required Volume Obligations (RVOs) rule for biofuel use under the Renewable Fuel Standard (RFS) to the White House Office of Management and Budget (OMB). This puts the final rule on track to be released by the statutory deadline of 30 November, which would make this only the third time under the RFS (i.e., since 2008) that it has been on schedule. The EPA’s proposed rule outlined the following:The question that remains is whether the final rule will change these volumes. The U...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.