The biofuel reform process in Congress has begun. The House Energy and Commerce Committee announced that it will publish a series of five white papers on Renewable Fuel Standard (RFS) reform. The committee will issue questions for each paper, circulate them widely among all stakeholders and provide and provide a 60-day comment period. From the responses, the committee staff will produce a white paper that will try to define the key issues.The first such paper will be on the blend wall and questions for it already have been issued. The other four topics have not yet been released yet. This approach was adopted from Chairman John Dingle's (D-Michigan) process on greenhouse gas emission issues several years ago.A brief summary of the questio...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.