EPA announced the 2013 Required Volume Obligations (RVO) under the Renewable Fuel Standard (RFS) today. The RVOs set the minimum amount of biofuels that must be blended into the retail motor fuel supply. They are:The only thing that changed from EPA's original proposed rule last year was the cellulolsic. It had initially projected cellulosic to be 14 million gallons, but it was scaled back while the overall advanced category in which cellulosic falls was not reduced. The cellulosic level was supposed to be one billion gallons this year under the applicable statute, the Energy Independence and Security Act of 2007. Additionally, under the statute:
The RVOs are to be issued by 30 November 2012. EPA was eight months late and six months i...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...