Transatlantic Biofuel Split Brussels is ready to finalize its Renewable Energy Directive III (RED) with just one small glitch remaining. France and some other countries want hydrogen made from nuclear energy to be eligible as a low-carbon fuel. It is for certain low-carbon except for the nuclear part boosting the heebee-jeebees of the paranoid. The new RED is expected to reduce the use of conventional biofuels, raising concerns in Germany over its ICE car manufacturing and biodiesel. Meanwhile, U.S. EPA has sent to the White House for printing its final rule for renewable energy over the next three years. There would still be 15 billion gallons of corn-based ethanol used every year, but it is threatened by other fuels, including a c...
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: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...