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biofuel

2019 Biofuel Volumes Being Finalized

The final 2019 Required Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) are being reviewed by the Office of Management and Budget (OMB). The statute requires that the volumes be published by 30 November. The EPA submitted its draft of the final rule to OMB on 31 October and published its proposed volumes for 2019 on 26 June. The final rule is not expected to differ much from the proposal, which sets the combined volume of biofuel at 0.88 percent of total over-the-road fuel (including gasoline and diesel) compared with 10.67 percent for 2018. The conventional ethanol volume was maintained at the statutory maximum of 15 billion gallons. All of the 590-million-gallon increase proposed in the overall RVO was provided under...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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