The U.S. Environmental Protection Agency (EPA) today finalized the 2017 Required Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) for overall biofuels and the implied conventional biofuel (corn ethanol) categories, which included changes from the proposals of 18 May.
The U.S. Environmental Protection Agency (EPA) today finalized the 2017 Required Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) for overall biofuels and the implied conventional biofuel (corn ethanol) categories. For at least the fourth year, it raised the volumes initially proposed.Specifically, the agency boosted the volumes for total, advanced, and conventional from those proposed on 18 May. The total renewable fuel volume was raised 42...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
