President Trump is scheduled to be in Council Bluffs, Iowa next week (9 October), and he has hinted that he’ll unveil the administration’s plans to approve year-round sales of E15 at that time. This is not the first time that expectations on the issue have been set, evidenced by the following:
In May, Senator Charles Grassley (R-Iowa) announced that the president had instructed the administration to move forward with a rule to allow year-round E15 sales. In July, President Trump said on a visit to Iowa that approval of the new E15 rule was “very close.” In August, USDA Secretary Perdue announced during a speech (also in Iowa) that the president wanted to sign off on an E15 rule by “next week.”
Ass...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...