The EPA's approval this summer of two new pathways for generating cellulosic ethanol led directly to the August explosion in cellulosic production and Renewable Identification Number (RIN) generation. September's total is more than all of the previous years combined. WOTUS A group of 24 Republican senators sent a letter yesterday to U.S. EPA regarding the "Waters of the United States" (WOTUS) rulemaking. The letter asks the EPA and the U.S. Army Corps of Engineers to withdraw the rule and work more cooperatively with stakeholders. The senators characterize the process as being "plagued by administrative bias and prejudicial grandstanding." They also cite a social media campaign from the EPA, which has developed a website regarding t...
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.
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...