Another step toward making E15 a reality has been made. The Environmental Protection Agency (EPA) has approved the model misfueling mitigation plan (MMP) submitted by the Renewable Fuels Association (RFA) as step for companies to develop their own MMPs. While the RFA model is a generic template that companies can submit as a plan with regard to product labeling and traceability system for mid-range blends, individual companies must also add their own specifics on a survey of compliance at fuel retailers that will meet the specific requirements EPA sets out for such compliance. But even with the above implementation regulations in place, there is still a huge hurdle to E15 that remains: liability.On 13 April 2009, we wrote that for E15 to...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.