While the war wages over the decision to waive the ethanol Renewable Fuel Standard (RFS), biodiesel recently has enjoyed three big wins.The Senate Appropriations Committee provided $70 million for the Navy biofuels program and another $100 million for critical initiatives, which can be used to expand the biofuels program. The House Appropriations Committee did not fund the direct biofuels program, but it did provide $50 million to the critical initiatives program.The Senate Finance Committee last Thursday approved the Family and Business Tax Cut Certainty Act of 2012, a $205 billion tax extender package. It included a retroactive biodiesel blenders' tax credit and an algae-based biofuel in the tax credit. The bill contained the following...
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 €...
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.