The ethanol industry is arguing about the impact on corn prices and the farm economy from a reduced RFS. Ethanol on Offensive Before Comment Period Ends In November, EPA proposed reducing the overall required amount of ethanol and biofuel under the renewable fuel standard (RFS) from the scheduled 14.4 billion gallons to 13 billion gallons. This is the first time EPA has put forward such a change since the RFS was implemented in 2005. The deadline for comments closes on 28 January, and to date there have been 14,482 comments submitted. The ethanol industry has been on the offensive during the comment period:
Iowa's Ag Secretary Bill Northey has been speaking to farm groups and visiting gas stations to urge that comments be submitted 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...