As we wrote on 6 August, EPA issued its 2013 required volume obligations (RVOs) for biofuels under the Renewable Fuel Standard (RFS) and notified the market that volumes would be reduced in 2014. Here's a look at some hints that EPA gave on how the volume might be decreased.ConventionalThe 2014 scheduled amount of conventional ethanol is 14.4 billion gallons. EPA clearly indicates that it sees the blend wall at 13.2 billion gallons which is 10 percent of the projected 132 billion gallons of gasoline use. It sees very little opportunity for e-85 or e-15 in 2014. It is clear that EPA will reduce the conventional ethanol mandate but the question remains by how much.CellulosicEPA believes that there is a clear congressional intention that the...
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...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.