According to the EPA, the petitioners' primary interests are to increase ethanol use and protect or improve their competitive position, which it maintains is not an acceptable basis for challenging the Tier 3 emissions standard for cars and gasoline.The Energy Future Coalition and others argue that the EPA's so-called Tier 3 emissions standard for cars and gasoline, which is designed to cut sulfur levels by more than 60 percent starting in 2017, contains a provision that prevents gasoline producers from creating new fuel blends containing more ethanol. At issue is whether the EPA will allow auto manufacturers to use test fuel that is not currently on the market including a gasoline blend that is 30 percent ethanol. The commonly used test fu...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
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.