Slapped and Squirming: Less than a week after a federal judge ruled that the U.S. Environmental Protection Agency (EPA) had exceeded its authority by mandating that fuel blenders use nearly 433 times more cellulosic fuel than was produced by the biofuels industry, the agency announced today that blenders must use 61 percent more cellulosic. The court chided EPA for following the false claims of production by cellulosic producers and then fining their captive customers for the shortfalls. EPA basically slapped the judge in the face by once again chasing the fantasy of the cellulosic industry.Meanwhile, corn ethanol producers are beginning to squirm as they come to realize what WPI's Dave Juday has been warning about for some time: Fuel ble...
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
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.