As mentioned on Friday 2 December, in a separate proposed rule issued with the RVOs, EPA finalized an approved pathway for canola oil to be used in renewable diesel. Canola oil, processed through transesterification has been approved as a feedstock for fatty acid methyl-ester (FAME) biodiesel since 2010. The new pathway is for canola oil as renewable diesel, jet fuel, naphtha, LPG, or heating oil via a hydrotreating process. As noted in last Friday’s report, canola has an approved pathway for renewable diesel under the California Low Carbon Fuel Standard (LCFS), but not the federal Renewable Fuel Standard (RFS). This new federal regulation will take effect in 30 days, or at the beginning of 2023. The United States Canola...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
From WPI Consulting
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.