Energy
Crude availability may remain adequate, but tight distillate inventories leave less cushion if agricultural and freight demand strengthen through harvest.
The American Soybean Association warns proposed refinery exemptions could reduce biofuel demand and cut U.S. soybean crop value by more than $1 billion.
Texas A&M researchers are studying whether prickly pear could offer drought-prone regions a new crop opportunity, but commercial markets and processing infrastructure still need development.
Stronger renewable diesel incentives could support demand for soybean oil and other domestic feedstocks.
Geoff Cooper says the EPA action could provide more options for refiners and blenders.
Sen. John Hoeven says the committee expects to have the votes needed to move the legislation forward.
Nearly one in four consumers say fluctuating gas prices are causing them to spend less on groceries.
Analysts are watching global oil flows as demand increases.
Ethanol production remains historically strong, but rising inventories and weaker gasoline demand could limit additional growth.
Energy costs remain elevated for farms and rural households even as broader U.S. inflation shows signs of easing.