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.
Related Stories
Higher biofuel mandates boost long-term crop demand, but a tighter D4 market may pressure biofuel feedstocks and pose new soybean oil demand risks.
The Purdue student team joins us to discuss how they developed Soy-Seal, their innovative soybean-based adhesive tape, and its potential ag impact.
According to a tweet from Rep. Anna Paulina Luna, the full House vote on the Farm Bill will be held until lawmakers return from recess.
Louisiana soybean farmers are moving quickly to get this year’s crop planted during a key window for yield potential.
The House is moving forward with debate on the Farm Bill after a lengthy session in the House Rules Committee cleared the legislation for floor consideration.
Weekly export movement stayed solid, with corn and sorghum continuing to show the strongest overall pace.
