It has been a busy policy day for agriculture with the EPA’s release of the proposed biofuel volumes for 2019 and the Senate taking up the farm bill. The EPA’s proposed Required Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) boost the overall biofuels volume to 19.88 billion gallons, which would be 10.88 percent of total over-the-road fuel, including gasoline and diesel.
The conventional ethanol volume was maintained at the statutory maximum of 15 billion gallons. The entire 590 million-gallon increase proposed in the overall RVO was provided by the advanced category. Within the overall advanced category, cellulosic fuel was raised by 93 million gallons. The balance of the increase could be met by either un...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
