DETs Under Attack The EU Commission will undertake an anti-dumping investigation into biodiesel imports from Argentina and Indonesia. The investigation was requested by the European Biodiesel Board (EBB) and alleges both countries use differential export taxes (DETs) to subsidize their biodiesel. The Commission indicated biodiesel from the two countries has been sold for $60 -100/MT less than EU biodiesel. The EBB also claims soy-based biodiesel from Argentina has sold for $100/MT less than imported soyoil. The Commission's investigation must be completed within 13 months.The case may have implications beyond biodiesel given its focus on DETs. Both Argentina and Indonesia assess higher export tax rates on unprocessed commodities (e.g. so...
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...
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