Refineries have been busy lately pumping out ethanol. Numbers this week show the highest output levels in nearly a month.
The Energy Information Administration has ethanol output up around two percent last week. The Midwest was the largest-producing region, with output there up a little more than two percent. While production is up, inventories are down, dropping five percent during the same time, which is the lowest inventory levels since early January.
This week, the Renewable Fuels Association thanked the more than 20 House members who sent a letter to the President, urging him to allow year-round sales of E15. Group President Geoff Cooper thanked them for the support and said they want the Administration to take quick action.
Cooper says extending E15 sales can bolster U.S. energy resilience while lowering costs for drivers.
Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
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Approximately 42,000 birds were affected in the outbreak, officials said.
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Beef demand could be influencing other economic sectors, as consumers adjust spending habits to prioritize higher-priced beef products.
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AFBF Economist Bearnt Nelson joins us with insights into current turkey flock sizes, HPAI concerns, and production impacts on holiday demand.
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Dr. Beetham outlined the background of the EU’s decision to modernize seed regulations and where the process stands today, and its impact on global agriculture and food security.
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“It, all of a sudden, says that tracking and fighting hunger is not a priority, apparently, at the federal level.”
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