A federal court ruled the EPA "abused its discretion" in not explaining conclusions on economic hardship of small refineries receiving exemptions from the Renewable Fuel Standard.
What DTN Is Watching
Wednesday's reports start with U.S. pending home sales at 9 a.m. CST. The Energy Department's weekly inventory reports follow at 9:30 a.m. and include ethanol. At 1 p.m. CST, the Federal Reserve will make a post-meeting announcement and is expected to keep interest rates steady.Weather
Wednesday features light snow in the western and southern Midwest and light rain in the Delta and Deep South. Other primary crop areas will be dry. Temperatures will again be well above normal for north and central areas for this time of year.