Grain Markets
There is no “bailout” in commodity markets — just risk. It makes me crazy when someone says, “The bulls were bailed out by Chinese buying.” Or, “The bears got bailed out by those rains.”
As the ethanol industry tries to recover from the impacts COVID-19, climbing corn prices aren’t helping margins for ethanol producers. With ethanol stocks piling up, ethanol producers are facing tough decisions.
A challenging growing season in the U.S. and a turnaround in Chinese demand facilitated a black swan event to change the soybean outlook.
Mike North of ever.ag thinks the market is already pricing in minor reductions in the upcoming USDA report. So, what will it take to give the market more fuel moving forward?
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.
First Biorefinery Demonstration Facility, Ethanol Share to Rise by 2035
E85 Sales Shoot Upward in Iowa, Indiana Adds a Facility, From Pennycress to Biodiesel, A Pump First for New Jersey.
Tastes Like Chicken, Ethanol Industry Shifts Sideways, Scientists Support Biodiesel.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Friday, November 13.
Rising household incomes, increasing production and favorable trade policies have led to major growth in U.S. agricultural exports in the past several decades.
Corn Production Down 1 Percent from October Forecast Soybean Production Down 2 Percent Cotton Production Up less than 1 Percent