We've been predicting for about a year that Renewable Fuel Standard (RFS) reform will ripen as an issue in 2013. We stand by that. There will be a controversial decision on the RFS waiver from the Environmental Protection Agency (EPA) soon. Indeed, no matter what EPA decides, it will be controversial.As for timing, the announcement is supposed to be tomorrow, but the EPA has signaled that the deadline probably will be missed. The Agency indicates that it is still working on the waiver announcement and the 2013 volume requirements, the deadline for which is 30 November. Both announcements could be combined.By statute, 16.55 billion gallons of renewable fuels are to be blended into the gasoline supply for 2013. The total estimated motor usa...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.