Cruz stated that the RFS itself, specifically the EPA-issued Required Volume Obligations (RVOs), limited the use of corn ethanol compared with the statutory volumes provided by the 2007 Energy Independence and Security Act.. What his victory means in the near term, though, is uncertain.Yesterday Senator Ted Cruz (R-Texas) accomplished what conventional political wisdom in Washington, DC held couldn’t be done: he won the Iowa caucus despite proposing the dismantling of the Renewable Fuel Standard (RFS) within five years. The question is, how did he do it? Cruz won 28 percent of the vote, while Donald Trump was in second with 24 percent vote and Senator Marco Rubio (R-Florida) in third with 23 percent. Rounding out the top five were Dr. Ben C...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.