The Administration recently made changes that biofuel groups say will help keep fuel prices down. Blending requirements came in well-above industry expectations, and it is a move analysts say will lift up soybean growers, but they warn it will not happen overnight.
“I think this really is a long well, at least it’s a multi-year, you know, step in a domestic demand increase picture to help support soybean prices,” said Ben Brown, Extension Agricultural Economist - University of Missouri.
The EPA is accepting public comments before any action can be taken on those blending proposals. The cutoff date to voice your concerns is August 8th.
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“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
The U.S.-China summit raises hopes for stronger exports and reduced barriers, but U.S. ag players should remain strategically cautious until concrete volumes and certifications materialize.
Global agriculture is stabilizing after years of price swings, with flat to modestly rising returns expected as productivity offsets slower demand growth.
Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
