EPA’s proposed biofuel 2021 required volume obligation (RVO) rule has been at the Office of Management and Budget (OMB) for more than two weeks (OMB received the proposal on 13 May). When it is published – assuming no changes from OMB - the expected volumes are detailed below.
It is possible, though not probable, that the rule could be published as early as next week. Normally, it is expected within two weeks after a 30-day review but is hard to tell the timeline right now. Last year with the small refinery exemption (SRE) debate going on, EPA sent the 2020 rule on 8 May and it was not published until 5 July. This year, the timeline is complicated by the COVID-19 related drop in fuel demand. To date, the refining industry st...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
