EPA Administrator Andrew Wheeler signed the agency’s proposed 2020 Required Volume Obligations (RVO) under the Renewable Fuel Standard (RFS) today, which will be published next week in the Federal Register and be open for public comments. The EPA will also hold a public hearing on the proposal with the date and time to be announced in a supplemental Federal Register document. The volumes were in line with industry expectations and as WPI had published on 13 May (click here). The entire increase over the final 2019 RVOS was 12 million gallons, all in the cellulosic category that is part the broader overall advanced category.
Perhaps the bigger news is what the RVOs did not include. First, there were no changes nor reference to...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
