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Final blending levels under the Renewable Fuel Standard (RFS) are under review for 2023 and beyond. EPA is required to finalize the RFS levels by June 14, as per a consent agreement reached in court with Growth Energy.
Grains failed Friday as funds sold on bearish fundamentals, poor technicals and the debt ceiling stalemate. Cattle were the bright spot with steady to higher cash, new high in feeders. Don Roose of U.S. Commodities.
Grains mixed after a higher start looking for support but is this bottoming action? LC trade firmer cash but cautious ahead of the COF. Milk markets struggle w/demand & supply. Bryan Doherty, Total Farm Marketing.
John Phipps thinks many, if not most of the electric vehicle startups will fail, but he also thinks their sheer number will chip away at the dominance of major car companies and spur a change in current regulations.
Grains are trying to recover, but are these short term lows? Was wheat chasing headlines this week? Cattle strong with some firmer cash. And what are outside markets hinting on the economy? Darin Newsom, Barchart.