Another Ethanol Victory The ethanol industry scored two wins this week. House Republicans trying to eliminate the ethanol industry’s tax breaks as part of a debt ceiling bill conceded to their Midwest colleagues by keeping the incentive intact. Then on Friday, the Biden Democrat-run U.S. Environmental Protection Agency announced it would allow E15 ethanol to be sold this summer without restriction. Because ethanol has a higher volatility (evaporation) rate than gasoline in hot weather, the allowed blend rate is typically rolled back to a 10 percent level. The agency’s rationale for allowing the higher blend is the impact of Putin’s war in Ukraine on gasoline prices and to prevent fuel shortages. The argument is a little s...
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.