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AFBF Welcomes Increases in Renewable Fuel Standard

AFBF Welcomes Increases in Renewable Fuel Standard

American Farm Bureau Federation President Zippy Duvall commented today on proposed increases to the Renewable Volume Obligation for 2023, 2024 and 2025.

“AFBF applauds EPA’s proposed increases in renewable volumes under the Renewable Fuel Standard (RFS).  Long-term stability and a clear indication of obligations for the next three years are welcomed along with the potential of additional producers participating under the RFS. 

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2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?

Video: 2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?


Despite a Super Strong El Nino the early South American soybean planting pace is ahead of schedule.
The long-term forecast looks dry for the North but wet for the South including Argentina.
China bought 1.5 mmt of U.S. soybeans this week with rumors of 2 mmt and now at 68% of 25 mmt commitment.
The question mark remains the Chinese pledge towards the $17 billion in ag purchases.
NOPA weekly crush report was lower than expected. Another hot U.S. wholesale inflation print this week.
Investors rotating out of AI
Weak U.S. pork demand weighing on hogs
+ CFTC.