In an effort to provide more transparency to the market, the U.S EPA published data this month on Renewable Identification Number (RIN) ownership under the Renewable Fuel Standard (RFS) by type of owner over the past five compliance years.In an effort to provide more transparency to the market, the U.S EPA published data this month on Renewable Identification Number (RIN) ownership under the Renewable Fuel Standard (RFS) by type of owner over the past five compliance years. It is intended to help bound parties plan for their obligations under the RFS. According to the EPA, the categories tracked are importers of petroleum fuels, exporters of renewable fuels, petroleum refiners and parties without a Renewable Volume Obligation (RVO). Renewab...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.