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Fuel price volatility continues as war negotiations resume
For the duration of the U.S.-Israel war with Iran, oil prices have been on a rollercoaster ride, And that volatility continues as negotiations resume in Pakistan. Patrick DeHaan, the senior petroleum analyst with Gasbuddy.com, said oil prices decreased last week, following news of the ceasefire. However, prices turned higher over the weekend as that ceasefire appeared to be failing. While prices moved higher to start the week, DeHaan said the volatility maybe dying down. When it comes to the...
Secretary Naig announces 33 renewable fuels infrastructure grants to expand E15 access across Iowa
Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Renewable Fuels Infrastructure Program (RFIP) Board approved 33 ethanol infrastructure grants during its quarterly meeting on March 11, supporting new and expanded biofuel infrastructure projects at...
Federal Reserve is concerned about the Iran war’s impact on commodity markets
The war with Iran is causing upheaval in the commodity markets. The early volatility has seen an increase in the price of corn and soybeans, but it has also included sharp setbacks. Even more concerning is the risk presented to U.S. farmers and consumers as the...
Ernst helps lead recognition of women across agriculture
As National Ag Week continues and we look ahead to National Ag Day, there is a growing effort to recognize a group that has always been central to agriculture’s success, even if they have not always been front and center. Women in agriculture. A bipartisan resolution...
U.S. Export Sales Report (3-19-26)
This week’s export sales were disappointing all around, but there has been so much major news recently that this is not weighing heavily on the markets. Allendale commodity broker Greg McBride said the corn sales broke their trend of performing above average. On the...
Corn growers in search of certainty from year-round E15
There are few certainties in farming. Weather, prices, and regulations are always shifting and forcing farmers to think on their feet. One way to deliver certainty for fuel retailers is through the implementation of year-round E15 says National Corn Growers President...
U.S. dairy industry hoping to see USMCA renewal
U.S. agriculture groups are watching the pending negotiations between the U.S., Mexico, and Canada as the countries work on renewing the U.S.-Mexico-Canada trade agreement. Tony Rice, the director of trade policy for the National Milk Producers Federation, said the...
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Secretary Naig issues statement on the Trump administration’s RFS volumes
Iowa Secretary of Agriculture Mike Naig today issued the following statement after the Environmental Protection Agency (EPA) finalized strong renewable volume obligations (RVO) within the Renewable Fuel Standard (RFS) for 2026 and 2027: “Biofuels lower costs at the...
Ernst: 45Z must reflect Iowa farm practices
As federal agencies continue working through the rulemaking process for the 45Z clean fuel production credit, Iowa Senator Joni Ernst says the final guidance must reflect the work farmers are already doing on the ground. She says she and Senator Chuck Grassley have...
U.S. Export Sales Report (3-26-26)
It’s been a volatile time in the ag marketplace, and that is no different for the export sales. This week’s numbers were a bit of a mixed bag. Allendale commodity broker Greg McBride said the corn sales are still strong overall. McBride said the soybean sales were...
RVO announcement coming very soon
The renewable fuels industry has been long awaiting the Environmental Protection Agency's release of the latest Renewable Volume Obligation blending requirements which are expected to be announced very soon. Lee Zeldin, administrator of the Environmental Protection...
Food and agriculture generate 20 percent of all U.S. economic activity
Every year, the Feeding the Economy report provides a comprehensive look at the full economic footprint of U.S. food and agriculture. Among the report’s biggest takeaways is that food and agriculture support $10.4 trillion in total U.S. economic output, representing...
