Last year the EPA denied a petition to change the point of obligation on biofuels compliance but opened a comment period to consider the issue further. In the coming days, the agency is expected to confirm its initial decision.In the next week or so, the Trump administration will likely announce its decision not to change the point of obligation under the Renewable Fuel Standard (RFS). While this is considered a victory for the ethanol sector, it must also then be considered a defeat for Carl Ichan, the unofficial advisor to President Trump who was the strongest supporter of this change.It is helpful to understand the background. Currently, refiners and importers are the obligated parties under the RFS, which means they are responsible for...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
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.