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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USDA’s report shows wheat strength overall, with winter wheat yields setting records, while spring wheat and rye saw declines. Oats and barley remain constrained by record-low acreage despite stable or rising yields.
Bigger-than-expected corn and wheat stocks are bearish for prices, while soybean figures were neutral. Farmers may face additional price pressure as harvest accelerates.
Taiwan’s pledge to expand imports strengthens export prospects for U.S. row crops, livestock products, and specialty commodities, while the USDA’s broader trade push seeks to diversify farm markets globally.
The shutdown is yet another hurdle for producers navigating a challenging year marked by high input costs, volatile markets, and uncertain trade conditions.
Under this agreement, SCDA will administer a program covering infrastructure and timber losses, as well as future economic and market losses.
