As we've noted many times, the Environmental Protection Agency (EPA) has waived the statutory cellulosic biofuel mandate for three straight years, but has not waived the overall advanced biofuel statutory mandate in which the cellulosic mandate is nested. Thus, while the cellulosic mandate has been reduced, the undifferentiated advanced mandate has effectively been increased by a cumulative 828 million gallons over these same three years.Therefore, through the waiver of cellulosic's mandate, the potential demand for biodiesel under the Renewable Fuel Standard (RFS) can vary between the specific biodiesel mandate of more than 1 billion gallons to a level that includes either a portion of or all of the undifferentiated advanced biofuels cat...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
From WPI Consulting
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.