A congressional deadline for year-round E15 legislation passed without action, as biofuels industry leaders at the National Ethanol Conference urged lawmakers to quickly complete a bill.
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DTN Oil Update
PostedOil and product futures were mostly higher Wednesday as both Iran and the U.S. indicated they would make little concession in talks over the White House's attempt to shut down Tehran's nuclear program.
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Farm Life
View From the Range
Posted by Jennifer CarricoThe Stark family has operated S Bar K Cattle and Hay in Baker, Montana, since 1910, spanning six generations on their ranch. Despite harsh weather challenges and operational changes, their deep ranching roots and family collaboration keep the legacy thriving.
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What DTN Is Watching
On Wednesday, the EIA will release their weekly Petroleum Status report at 9:30 a.m. CST which will include last week's ethanol production. Otherwise, there are no other major economic or agricultural reports scheduled. Traders will be on the lookout for clues of increased soybean business to China after markets reopened following the Lunar New Year holiday break.
WeatherA clipper system continues to move through southeastern Canada with snow showers into the Northeast on Wednesday. It has laid down a cold front from the Northern Plains to the Midwest, and another system will essentially move along the front throughout the day, spreading some spotty showers across the area as it moves southeast.
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