I was looking for a reasonable definition of the word "Analytics". This term is used everywhere in business nowadays and having some background in economics and statistical analysis, I am very curious about the new knowledge that it could add to what I do. Particularly, business analytics...
Did you know that the average cat eats about 0.8 lbs of soybean meal a year? The average dog? They're a different story – they eat about 4.98 lbs of soybean meal a year. Okay, we can all go home now, now that we know this life...
The latest (December 7, 2015) USDA meat trade data indicates that after five months of continued decline, U.S. pork exports experienced growth during September and October 2015 (see Figure 1). Compared to their corresponding previous month, U.S. pork muscle cut exports rose 6.7% in September and 2.5%...
The latest monthly data from USDA/ERS indicates that U.S. ethanol production in September 2015 was 1.2 billion gallons, declining 4% from the previous month, but increasing 3% from a year ago. U.S. domestic ethanol production during the first nine months of 2015 reached a volume of 11.0...
Last November 30, the EPA published its final rulemaking for the 2014-2017 time period of the Renewable Fuel Standard (RFS), which was enacted in 2007. The biodiesel mandate was slightly increased compared to the preliminary proposal released on May 29, 2015. The volumetric requirements for 2014, 2015,...
Have you ever had too much to handle with your current resources? I have – in more ways than one, but trust me, when it comes to managing a growing economic research firm, it's a great challenge to have and certainly not something to dread.
Many of our blog readers and social media followers are likely aware of the Renewable Fuels monthly newsletter, which has been produced since 2008. As long-time readers will remember, Don Hofstrand and Dr. Bob Wisner (Iowa State University) have been instrumental in providing analysis and commentary related to the renewable fuels industry through this valuable…
The Trans-Pacific Partnership (TPP) is a free trade agreement (FTA) negotiated among twelve countries: Australia, Canada, Japan, Mexico, New Zealand, Singapore, Peru, Chile, Brunei, Vietnam, Malaysia, and the United States. According to the Office of the United States Trade Representative (USTR), the TPP agreement seeks to bring new and effective market opportunities for American goods…
Commercial scale cellulosic ethanol production has gained reasonable momentum during the first 4-months in 2016. Last October, the world's largest cellulosic ethanol plant with capacity of 30 million gallons per year was opened in Nevada, Iowa. Most of the cellulosic ethanol produced at this plant will likely be purchased by refiners and blenders in California…
Wind has been used as a source of energy since early history when windmills were used to grind grain and pump water. Ever since then we have continued utilizing wind energy, and in 1980 the first large-scale wind farms were built in California. Since then we have seen many advances being made in the technology…