Rough Rice Commodity Markets, Prices & Futures

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Latest News From Rough Rice
Don’t let the busyness of spring overshadow marketing responsibilities
The biodiesel tax incentive program expires at the end of this calendar year. Congressional sources signal that another extension is likely, but the timeline on when that takes place is murky. Contacts are not ruling out a one- or two-year extension in a post-election, lame-duck session of Congress, while others say this issue could be bumped to a new Congress in 2017.
China’s Food Giant Emerges as Leading Exporter of Brazil Soy
Doug Parker, the previous director of the EPA’s criminal investigation division and now president of the consultancy Earth and Water Strategies LLC, said the Renewable Fuel Standard (RFS) program is vulnerable to scams that have bilked victims out of nearly $1 billion so far.
In a letter, President Trump dipping into the industry’s battle with independent oil refiners over whether parts of a federal mandate should be changed.
Nine members of the House of Representatives have pressed U.S. Trade Ambassador Michael Froman to push for reduced tariffs on U.S. energy products including ethanol, according to a letter dated March 21.
Industry insiders look at the state of ethanol.
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