U.S. EPA’s 2017 proposed Required Volume Obligations (RVOs) for the Renewable Fuel Standard (RFS) implies a likely increase in conventional Renewable Identification Number (RIN) prices, the value of which gets carried partially to the price of corn. RFS Proposal Impacts Feed The U.S. EPA’s release of its 2017 proposed Required Volume Obligations (RVOs) for the Renewable Fuel Standard (RFS) included the following:
Total Biofuel: 18.8 billion gallons Advanced: 4 billion gallons Biodiesel: 2 billion gallons (2.1 billion gallons for 2018) Cellulosic: 312 million gallons (0.173 percent)
This leaves the implied corn ethanol mandate at 14.8 billion gallons (see Ag Perspectives, 18 May 2016). That would equate to almos...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...