Policy is driving the liquid fuels business to invest in lower-carbon intensity products and processing. As a result, the refining and agricultural industries have begun integrating to form new supply chains. What will be the impact on agriculture? Are Iowa, Mato Grosso and Saskatchewan the “new” Permian Basins?  How will two industries with significant size differences and very different commodity cycles manage risk? Will emerging ventures make headway in cultivating new feedstock for advanced fuels?