Key Takeaways:
Soyoil consumption as a biofuel feedstock climbed to a record 1.434 billion pounds in May, setting a new all-time monthly high. Improved 45Z policy clarity in February 2026 has supported stronger soyoil demand from the biofuel sector by providing producers with greater certainty and creating a more favorable regulatory environment. Changes to 45Z eligibility requirements have reduced demand for imported UCO and tallow, particularly from China and Brazil, by limiting access to tax credits for feedstocks sourced outside North America. UCO usage has declined more significantly than tallow, as domestic collection volumes have been unable to fully replace lost Chinese imports, keeping domestically sourced supplies in strong deman...
Agriculture generates a lot of numbers in addition to crops and livestock. As ag economists, we are continually reviewing crop production, commodity prices, farm incomes, and international trade. You don’t often see much about capital investment in the ag press, however. New mills and gra...
What You Need to Know Today: The U.S. and Iran resumed missile strikes after a brief pause in fighting, raising concerns that the five-month conflict could expand across the Middle East. Jordan intercepted Iranian missiles, Kuwait reported a fatal strike, and drone attacks damaged two natural...