We have long maintained that the math behind the Renewable Fuel Standard (RFS) is unsustainable. As previously asserted, 2013 will be the year that RFS reform becomes a congressional issue and that E15 liability will be a major issue (see WPI 26, 30 September 2011). Today House Energy and Commerce Committee staff averred in congressional newspaper The Hill that they will be holding hearings on the RFS next year.Among the concerns cited is the impact of E15 now that E10 has met the blend wall. The Environmental Protection Agency (EPA) has approved E15 for vehicles older than the 2001 model-year under a specified misfueling mitigation plan. However, the American Automobile Association (AAA) notes that only flex-fuel vehicles, 2012 or newer...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.