The EPA announced late Friday that it had granted 31 small refinery exemptions (SREs) for 2018, bringing the total number to 7.4 percent of the overall 19.29-billion-gallon required biofuel volume obligations under the Renewable Fuel Standard (RFS). By comparison, the 2017 SREs were 9.4 percent of the overall RFS volumes.
Biofuel groups and the National Corn Growers (NCGA) reacted with predictable opposition to the news, especially since President Trump’s announcement of year-round E15 use earlier this year was met with the industry’s frustration on SREs as a more pressing issue. There is some indication that their message was received by the administration. In its press statement regarding the SREs, the EPA took the unusual...
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...
