World Perspectives
biofuel energy

Future of the RFS 2023 and Beyond

2023 marks a major shift in the Renewable Fuel Standard (RFS). From the 2007 Energy Independence and Security Act until this year, the annual required volume obligations (RVOs) under the RFS were set by statute; that changes in 2023, and so could the mix of renewable fuels – or at least the process of setting the RVOs.   The first year the 2007 Act was in effect, conventional ethanol made up 100 percent of the total RFS; by 2022 the statutory schedule called for 58 percent of total renewables to be advanced biofuels, with biomass based diesel at less than 3 percent (1 billion gallons out of 36 billion gallons total). Cellulosic was scheduled to be nearly 45 percent.  Obviously, cellulosic biofuel didn’t material...

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

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Inspiring Change; Transactional Ag; USMCA Attack

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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.

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