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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Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
According to the most recent version of the Household Food Security Report for 2022-2023, food insecurity is on the rise in the U.S.
Fewer cattle on feed suggest smaller slaughter numbers this winter, which could support strong prices if beef demand holds firm.
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
