The EPA quietly announced the next steps on the small-refinery exemptions program following recent court action.
Business & Inputs
One of the nation's largest ethanol companies has temporarily stopped production at two of its plants in response to falling gasoline demand from the COVID-19 outbreak.
Domestic ethanol production dropped for a third straight week, sliding to a 22-week low in the week ended March 20.
The U.S. Department of Justice missed the March 24 deadline to file an appeal of a recent court ruling on EPA's small-refinery exemptions program.
Small refiners have filed an appeal with a federal court on a recent small-refinery exemptions decision. As of Tuesday afternoon, the federal government had not filed an appeal.
Sioux Falls, South Dakota-based POET LLC has changed its corn-buying habits at seven of its 27 corn-ethanol plants.
Take time to assess torn-up fields before turning to deep tillage.
Ag Interest Rate
|DTN Ag Interest Rate Snapshot|
|TODAY||- LAST YEAR|
|CCC Loan Rate||2.500||3.625|
|Real Estate *||4.34||5.59|
|Feeder Livestock *||5.06||4.80|
|Farm Machinery *||5.31||5.89|
|* Federal Reserve's quarterly average|
|effective interest rates at ag banks.|