When all sides in a regulatory matter are upset, it means the agency in charge has either found the only middle ground available or has failed altogether to find one. Ethanol War Lined up on one side are ethanol proponents. They ensured that U.S. EPA received over a quarter of a million comments demanding that the agency not use discretion and instead mandate the full ethanol blend requirements contained in the Energy Act of 2007. EPA has said that its proposed blend rates through 2016 are ambitious, while concurrently in line with market realities. Meanwhile, opponents of ethanol claim to have generated around a quarter of a million public comments in opposition to EPA mandating blending requirements above the so-called blend wall. An ad...
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
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.