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Small refinery exemptions offer a mixed bag for U.S. farmers
The Environmental Protection Agency granted 29 Small Refinery Exemptions under the Renewable Fuel Standard this week. Brian Glenn, director of government affairs for the American Farm Bureau Federation, says the exemptions create a shortfall for biofuels demand by allowing small oil refineries to blend less biofuel into the U.S. fuel supply. While these exemptions would generally result in less demand for American-grown biofuels, EPA pledged to make up the difference in upcoming years. The...
Full-scale beef herd rebuild remains on hold
Typically, when beef prices are at a high level in the grocery store and herd numbers are low, the response is a rebuilding of supply. Nate Kauffman, the senior vice president and Omaha branch executive for the Kansas City Fed, says the numbers show there should be...
Secretary Naig calls on Congress for year-round E15 access
Today, Iowa Secretary of Agriculture Mike Naig urged the U.S. House of Representatives’ Rural Domestic Energy Council to find agreement to make year-round E15 available to drivers around the country. Secretary Naig, a longtime biofuels advocate, reinforced the...
Iowa farmers face demand gap as production grows
Iowa farmers continue to push productivity higher, but new demand has not kept pace with that growth. Iowa Renewable Fuels Association Executive Director Monte Shaw told members that agriculture is once again facing a familiar challenge: more grain than existing...
Markets continue to look at South America as harvest continues
There were some recent concerns about dry weather in South America, but the current forecast is now showing ideal conditions for their crops. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina. McBride said soybean...
Senate Finance Committee looks closely at USMCA trade deal
With the review process of the U.S.-Mexico-Canada Agreement set to begin later this year, the Senate Finance Committee took a closer look at the deal this week. Dave Salmonsen, senior director of government affairs for the American Farm Bureau Federation, said the...
Strong U.S. corn exports continue
Another month-over-month increase is forecasted for our nation's corn exports, according to USDA's latest outlook. World Agricultural Outlook Board Chair Mark Jekanowski discusses the export numbers for the nation’s record corn crop. Jekanowski says one impact from...
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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...
New “Product of the USA” label will provide consumers with clarity
During the National Agriculture Day event on Tuesday in Washington, D.C., Ag Secretary Brooke Rollins introduced a campaign regarding USDA’s new “Product of the USA” labeling standard that took effect on January 1. Rollins said the new voluntary label signifies meat...
Naig: Trade relationships must stay strong
Iowa farmers rely on strong export markets, and two of the most important remain Canada and Mexico. But a planned trade mission to Mexico has been postponed. Iowa Secretary of Agriculture Mike Naig says safety concerns tied to cartel activity and travel disruptions...
