Documents released through the Freedom of Information Act and posted to the FOIA website provide a look into EPA decision making on small-refinery waivers.
Business & Inputs
Track interest rate trends in benchmark rates, farm mortgages, operating credit, farm machinery and feeder loans, based on DTN sources and Federal Reserve surveys of ag banks.
Ethanol supply in the United States moved sharply lower in the first week of June.
The first legal challenge of the E15 rule was filed Monday in a federal court in Washington, D.C.
President Donald Trump will garner a lot of praise in Iowa on Tuesday when he visits an ethanol plant. The president is also expected to hear about continued problems with EPA granting exemptions to small refiners owned by highly profitable oil companies.
With extreme weather events damaging forage in several states, farm groups in states such as Indiana, Michigan, Ohio and Wisconsin want USDA to open up haying and grazing options on prevented-planting acres as well as Conservation Reserve Program lands.
U.S. biodiesel exports in April were up 70% from a year ago, USDA reported on Thursday. Meanwhile, U.S. exports of ethanol during April 2019 were down 7% from a year ago and DDG exports were down 8% from a year ago.
Ag Interest Rate
|DTN Ag Interest Rate Snapshot|
|TODAY||- LAST YEAR|
|CCC Loan Rate||3.500||3.125|
|Real Estate *||5.35||4.53|
|Feeder Livestock *||5.40||4.48|
|Farm Machinery *||6.06||5.44|
|* Federal Reserve's quarterly average|
|effective interest rates at ag banks.|