The EPA’s proposed required volume obligations (RVO) for 2023 will not be released tomorrow as was previously expected under the terms of a consent decree, which originally set a date of 16 September. That was later agreed by both parties to be extended to 16 November. Those parties include, of course, EPA, and the industry association Growth Energy. EPA will release the proposed RVOs by 30 November according to documents filed with the U.S. District Court for the District of Columbia. The proposed rule was submitted to the Office of Management and Budget (OMB) for final review on 9 November. The 2023 volumes are significant because it is the first time they will not be governed by the volumes in the Renewable Fuel Standard (RFS) sta...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.