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: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.