CoBank: Agricultural Uncertainty is Theme in Upcoming Days
Grain and oilseed prices have slipped from their third-quarter highs but may rebound due to short-term tight supplies and increasing demand for renewable biofuels.
Grain and oilseed prices have slipped from their third-quarter highs but may rebound due to short-term tight supplies and increasing demand for renewable biofuels.
Volatility is expected to remain a key component of grain markets throughout the remainder of this year according to economists with CoBank.
A bipartisan group in the Senate, has filed legislation to eliminate the corn ethanol mandate for renewable fuel under the Clean Air Act.
The biofuels industry endured a setback on Friday morning when the Supreme Court ruled that the EPA has the power to determine what small oil refiners may be exempt from the ethanol blending mandate under the Renewable Fuels Standard, and how often they receive a waiver.
The Energy Information Administration is confirming ethanol production and consumption in 2020 fell to their lowest levels in more than seven years
As both Congress and the new Biden Administration start lining up solutions to battle climate change, a new report from the Environmental Research Letters says biofuels may hold a helpful nugget in the war.