Probably the most significant news from today's announcement is that the EPA has recalculated its assessment of carryover Renewable Identification Numbers (RINs) from its May proposal.The U.S. EPA today announced the final Required Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) for 2014-16 along with the 2017 proposed volume for biodiesel. The 2014 proposed volumes were originally issued in November 2013. They were then revised and re-issued in May 2015 with the 2015 and 2016 volumes as well as the 2017 biodiesel proposed volume. The EPA sent the final rule (202 pages) to the Office of Management and Budget (OMB) on 1 November for final approval.On 23 November, we predicted that the implied corn ethanol volume would be be...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...