On Friday, the National Highway Traffic Safety Administration (NHTSA) issued a new corporate average fuel economy (CAFE) schedule to increase mileage efficiency for passenger cars and trucks. The proposal is now open for a 60 day comment period. The proposal calls for improving fuel efficiency for:
Passenger cars by 2 percent per year for model years 2027-2032. Light trucks by 4 percent per year for model years 2027-2032. Heavy duty pick-up trucks and vans by 10 percent per year for model years 2030-2035.
NHTSA has also proposed alternatives and requested comments on those. The alternatives for passenger cars are, instead of a 2 percent per year increase, a 3 percent and 6 percent increase; for light duty trucks, instead of a 4 perc...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
