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: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
