EPA Meeting with Industry on Fake Biodiesel RINs Officials from the Environmental Protection Agency (EPA) will be meeting with industry representatives over the next few weeks to seek ways to prevent the issuance and use of fake biodiesel renewable identification numbers (RINs). Over the last year, at least three companies produced and sold fake biodiesel RINs so that others could meet their obligations under the Renewable Fuel Standard (RFS). The companies selling the fake RINs claimed to have produced biodiesel matching the RINs when they actually produced no biodiesel. The industry is angry because the EPA has penalized the companies that fraudulently produced the RINs as well as their victims, the refiners and blenders that bought th...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.