EU Proposals Will Exclude Soyoil and Palm Oil as Biodiesel Feedstocks The EU Commission has put forward a "College Orientation Debate" paper offering two proposals to address the issue of indirect land use change (ILUC) in determining which biofuel feedstocks are acceptable. Current EU policy does not factor ILUC into identifying acceptable biofuel feedstocks. ILUC refers to the effect of using food crops for biofuels as causing additional non-agricultural land to be brought into crop production to offset the food crops converted to biofuel.The first proposal would not factor in ILUC in calculating greenhouse gas emission reduction of biofuels. However, it would raise the minimum greenhouse gas emission reduction for acceptable biofuels...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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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.