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EPA biofuel proposal boosts soybean oil demand outlook

EPA biofuel proposal boosts soybean oil demand outlook

A proposal by the Environmental Protection Agency to increase renewable fuel blending requirements through 2027 is drawing strong reactions across the agricultural sector and boosting expectations for soybean oil demand. The proposal would raise Renewable Fuel Standard volumes and encourage greater use of biomass-based diesel and other renewable fuels. Reuters reported soybean oil futures climbed following the announcement as traders anticipated increased demand from biofuel producers. The...

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USDA says Iowa near major weather boundary

USDA says Iowa near major weather boundary

Weather conditions across the United States continue to show a sharp contrast between wet and dry regions, and USDA Chief Meteorologist Brad Rippey says Iowa is sitting near the center of that dividing line. Speaking during a discussion in Washington, D.C., Rippey...

It’s still too risky to ship fertilizer globally

It’s still too risky to ship fertilizer globally

The Strait of Hormuz has become a major focus in global markets as disruptions have created bottlenecks that are driving input costs even higher. Josh Linville, vice president of fertilizer for StoneX, said it doesn’t matter if the strait is declared open or closed-...

South American Weather and Crop Update (5-6-26)

South American Weather and Crop Update (5-6-26)

Dry weather is still causing concerns for some of the crops down in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions for Brazil and Argentina. At the very least, the dry weather is allowing for harvest to continue at a...

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U.S. Export Sales Report (5-14-26)

U.S. Export Sales Report (5-14-26)

This week’s export sales were mostly a repeat of recent trends once again. However, there were a few notable differences. Allendale commodity broker Ben Breisch said old crop corn sales were lacking, but that market has been so strong recently that this is a minor...