The U.S. Court of Appeals for the District of Columbia Circuit on Friday vacated the U.S. Environmental Protection Agency's denial of previously granted small-refinery exemptions to the Renewable Fuel Standard.
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DTN Weekly Oil Update
PostedOil futures closest to expiration on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange softened Monday morning after two back-to-back weeks of losses.
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Farm Life
View From the Cab
Posted by Pamela SmithWeather continues to create interesting scenarios for DTN's View From the Cab farmers in Idaho and Kentucky. This week updates on some challenging crop conditions and the farmers provide some views on purchasing machinery.
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What DTN Is Watching
U.S. Commerce Department reports on personal incomes and consumer spending are due out at 7:30 a.m. CDT Friday, the same time as the PCE inflation index for June. The University of Michigan's index of consumer sentiment for July will be out at 9 a.m. Grain traders continue to watch the latest weather forecasts with a view to conditions in August.
WeatherScattered showers continue near the Gulf Coast on Friday, aided somewhat by an upper-level low in the Southern Plains. A front moving through the Northern Plains will bring some relief to recent triple-digit temperatures along with some isolated showers. Temperatures continue to creep upward in most areas east of the Rockies where showers aren't occurring with cooler air behind the front in the Canadian Prairies.
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