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EPA Proposes restoring biofuel volumes exempted from refinery requirements
EPA Administrator Lee Zeldin announced Tuesday a proposal to restore renewable fuel blending requirements affected by additional small refinery exemptions, a move intended to protect demand for American corn and soybeans. The EPA said exemptions granted for 2025 exceeded earlier projections by 770 million renewable identification numbers, or RINs, which represent renewable fuel volumes. Under the proposal, EPA would reallocate 100% of those additional exempted volumes through one of two...
Examining the process of becoming Prop 12 compliant
The future of California Proposition 12 is uncertain. Currently, there is no legislation to address it in the Senate Farm Bill, but several swine industry groups are still hard at work to get something included in the final version. If the farm bill were to move...
Corn and soybean inspections dropped last week
Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down...
Soybean trends in USDA July balance sheets
The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...
High input costs remain a top concern for U.S. producers
The Purdue University/CME Group Ag Economy Barometer dropped from May to June. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, discussed the significance of these low numbers. Langemeier expanded on the primary reason...
Two wars add uncertainty to grain markets
Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect...
July started with heavy rain but has since dried out
This month has already been a crazy one when it comes to the weather. July started off with unrelenting rainfall across much of central Iowa, but since then it has transitioned to a warm and dry pattern. Dan Bjorklund, technical agronomist with Landus Cooperative,...
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New Renewable Fuel Standard volumes spurring industry growth
The Environmental Protection Agency's new Renewable Fuel Standard volumes are giving the biodiesel industry a significant boost. The agency raised biomass-based diesel obligations to levels the industry says more accurately reflect production capacity. Paul Winters,...
End of July defined by intense market volatility
Just when we thought the markets couldn’t be any more volatile, the grains proved us wrong by dropping 20 cents in the corn and nearly 40 cents in the soybeans. Pressure from the warm and dry weather here in the U.S. and war headlines overseas will keep the markets...
Dairy industry needs USMCA improvements
The USMCA has been in the spotlight this summer with the review process in July a major focus. Dr. Megan Roberts is an economist with Compeer Financial and says that United States dairy producers have been closely watching the process unfold. On the Dairy Stream...
EPA seeks changes to WOTUS and DEF rules
The U.S. Environmental Protection Agency is proposing a rule that would eliminate derate requirements for diesel exhaust fluid (DEF) on certain diesel-powered equipment. The proposal comes after months of feedback from farmers, ranchers, and truckers, who identified...
Corn condition drops amid heatwaves
The damage from triple-digit heat across the Midwest and Plains is showing up in the numbers, reports AgWeb. USDA’s weekly crop progress report shows the steepest week-over-week decline in corn good to excellent condition ratings for this point in the growing season...
