The Energy Policy Modernization Act incorporates pieces of 114 different bills as well as addresses a few of the farm bill energy issues, exports of liquefied national gas (LNG) and some commodity trading issues related to energy.The Senate Energy and Commerce Committee passed The Energy Policy Modernization Act last week by a vote of 18-4. It incorporates pieces of 114 different bills that have been introduced under four titles: Efficiency, Supply, Accountability and Conservation Reauthorization. The legislation addresses a few of the farm bill energy issues, exports of liquefied national gas (LNG) and some commodity trading issues related to energy. Items of interest include:
Streamlining the LNG export permitting process by requiring...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
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...
