What You Need to Know Today:
Early Tuesday, the U.S. Energy Secretary said vessel traffic through the Strait of Hormuz is rising in a “very meaningful way.” Tuesday afternoon, however, President Trump said Iran shot down a U.S. helicopter while it was patrolling the Strait of Hormuz and vowed to retaliate for the attack during a ceasefire. An active weather pattern is bringing frequent rains across the key U.S. growing areas. There were no surprises in the weekly Crop Progress and Conditions reports on Monday, with the winter wheat harvest advancing normally and no signs of trouble for spring crops. Five New World screwworm cases have now been detected and reported in the U.S., including in a goat and a dog.
The Big Picture: T...
Miscellaneous Initial excitement over China’s pledges to buy American farm products has faded, as no purchases have immediately materialized. USDA Deputy Secretary Stephen Vaden said he is confident that China will meet its purchase commitments from the U.S., but market conditions and tra...
In January of this year, the House passed House Resolution 375, which established an E15 Rural Domestic Energy Council and directed the council to investigate the sale of E15, to develop legislative solutions, and to submit those solutions to Congress. E15 legislation was included in a short-te...
Key Takeaways: Early U.S. biofuel policy relied primarily on crop-based feedstocks such as corn and vegetable oils. California's LCFS increased demand for waste-derived feedstocks by rewarding fuels with lower carbon intensity scores. Supplies of used cooking oil, animal fats, and distillers c...
