Part of the 2022 Inflation Reduction Act was section 45Z, the Clean Fuels Production Credit. It is in effect from 1 January 2025 through 31 December 2027. At the time, this provision was hailed as a potential game changer for biofuels and feedstock production. The problem is guidance for qualifying for the credit has not yet been issued, stalling investment and preparation for taking advantage of 45Z. The credit replaces the biodiesel blenders credit which expires at the end of December, and renewable diesel and biodiesel producers have slowed production coming into Q4 2024 in order to take advantage of 45Z. Data through September shows the slowdown in feedstock demand starting in September, which is likely to continue through the end of th...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
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.