NEW: The White House has completed review of the US EPA's biofuel-blending obligation proposal and returned the rule to the US EPA for further action

BREAKING🚨: NASA's Voyager Spacecraft Found A 30,000-50,000 Kelvin "Wall" At The Edge Of Our Solar System

Composition of the $81 trillion global equity market

The Administration's preference of DOMESTIC #biofuels & feedstocks over FOREIGN biofuels & feedstocks jumps off the page. EPA is proposing to reduce the number of #RINs generated for imported biofuel and biofuel made from foreign feedstocks. #ethanol #corn

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BREAKING: IRAN DECLARES STRAIGHT OF HORMUZ CLOSED ~20% of worlds oil production flows through it

So what's next for the proposed RFS mandates? EPA will hold a virtual public hearing on July 8. Public comment period will remain open until August 8. EPA intends to finalize the mandates by Oct 31, which is the statutory deadline to promulgate the 2027 volume requirements.

Iran is Brazil's #1 corn buyer. Sounds like access to ports and the Strait of Hormuz is suffering from constipation. Urea is another gremlin about to get wet. Cost of production for 2026 etc etc.

If EPA reduces the #RINs for imported sugarcane ethanol, it feels this will be the first time in over a decade that the U.S. government is treating U.S. #corn #ethanol better than Brazilian sugarcane ethanol. Agree?

The EPA's primary reason behind reducing the number of #RINs generated for imported fuels & feedstock is to support domestic #agriculture & rural economies. EPA is trying to reverse the decline in net farm income by incentivizing using domestic feedstocks for biofuels. #corn #soy

🌱Eight years of #CropWatch25 #soybeans in southeast Illinois. Unfortunately this is Crop Watch's toughest looking field right now. Producer's current odds of yield: Meeting average: 50% Exceeding average: 40% Nearing record: 0% See next post for the previous yield results👇

A deadly Russian strike wiped out a residential building in Kyiv, leaving over a dozen civilians dead. Rescue efforts are ongoing, and the death toll may rise. Right now, air raid sirens are sounding again in Ukraine’s capital.

Nearly 200 agricultural groups and organizations are seeking direct involvement in any policy recommendations coming from the Make America Healthy Again (MAHA) commission report and in any upcoming commission activities. Environmental Editor TODDNEELEY reports:

NEW: McKinsey's top exec says multinational clients are rethinking their US strategies amid political and economic uncertainty. Corporate chiefs are looking harder at global risk - and the US isn't the automatic bet it once was. bloomberg.com/news/articles/…

Farmers cut their losses early this year across the U.S. #wheat belt. They were choosing to bale the wheat into hay, plow their fields under or turn them over to animals to graze. In Nebraska, wheat acreage is less than half of what it was in 2005. reuters.com/world/us/amber…

🇨🇳 Chinese investment in African farming hit US$1.67 billion by 2020—raising fresh questions about land rights and local food security. 🌱 theconversation.com/are-chinese-in… 💻 Yuezhou Yang, LSE #BusinessAndEconomy

The soybean flow to China this year is larger this year, even though Chinese customs tell the opposite. The flow of cargoes from Argentina is growing fast. This season (Apr-Mar), Arg registered almost 5 Mi t of soybean. Pay attention to the possibility of Argy SBM to China. It is

Two supertankers both capable of hauling about 2 million barrels of crude U-turned in the Strait of Hormuz after US airstrikes on Iran raised the risk of a response that will ensnare commercial shipping in the region. bloomberg.com/news/articles/…

🌽Will CBOT #corn rally or fall on June 30? There were only four examples, but prior to last year, December corn rallied on June 30 (when USDA releases US stocks/acreage surveys) whenever funds were bearish going in. 2024 broke that trend and funds are net short again👀

🌾 Global Markets Fall, Ukrainian Wheat Prices Hold — But for How Long? After a short-lived bounce, global wheat prices are once again trending lower — dragged down by harvest pressure, fading geopolitical risk, and heavy supply outlooks across key producers. "The rally on