Ag Secretary Brooke Rollins is working to keep refineries flowing with U.S. goods, saying her Department is cracking down on imports of used cooking oil.
“The USDA team is also working on ways to address the challenges associated with imported used cooking oil and imported tallow, which are displacing homegrown biofuels in the current ag economy. U.S. biofuels remain a bright spot and tremendous opportunity.”
Rollins met with EPA officials this week on renewable volume obligations. The Administration is also looking at any emergency waivers to get year-round sales of E15.
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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.
Farm CPA Paul Neiffer joins us to provide an updated analysis of projected ARC and PLC payments and potential delays due to the ongoing government shutdown.
“It, all of a sudden, says that tracking and fighting hunger is not a priority, apparently, at the federal level.”
In a final rule published in the Federal Register, the Department states that it will no longer base wage rates on the Farm Labor Survey.
Farmers are in the midst of harvest as the government descends into a shutdown and the Farm Bill expires. Key federal departments, crop reporting, and aid programs important to the agricultural sector are now on hold.
