Friday, August 22nd, 2025 Podcast

Friday wrapped up a fairly busy week of news for agriculture as EPA announced a decision on small refinery exemptions, that was mostly a non-factor in Friday’s grain trade. We also saw new yield estimates out from
Feedlot Supplies Tighten as Cattle on Feed Falls 2%

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.9 million head on August 1, 2025. The inventory was 2 percent below August
EPA Ruling Brings Little Reaction in Grain Trade

The U.S. Environmental Protection Agency began working through its backlog of Small Refinery Exemption requests today. According to Reuters, the agency denied 28 petitions, while approving 63 full waivers and granting 77 partial waivers, totaling an estimated
Mixed Market Reaction to EPA SRE Decision

As the EPA announced its decision on small refinery exemptions on Friday morning, we saw a somewhat muted response in the markets. We also have news coming out of the Jackson Hole meeting with Fed Chair Jerome
EPA Clears Backlog of Refinery Exemption Petitions, Grants Mix of Full and Partial Waivers Under Renewable Fuel Standard

WASHINGTON — The Environmental Protection Agency is moving to resolve a years-long backlog of Small Refinery Exemption petitions under the Renewable Fuel Standard, a federal program requiring refiners to blend a minimum volume of renewable fuels into
AFBF: Farmers and Ranchers are Struggling Economically

Recent data from the Bureau of Labor Statistics shows that inflation is slowing, though farmers and ranchers are still facing many other economic challenges. Bernt Nelson, an economist with the American Farm Bureau Federation, says this economic
A Scout’s Perspective of the 2025 Crop Tour

(FARGO, ND) — It has been a major talking point on social media and throughout the grain markets this week…..what are scouts seeing on the Midwest Crop Tour? Is the massive crop being forecast actually out there?
NCGA: Stop Brazil Now and Fight for Farmers

The President of the National Corn Growers submitted comments on the U.S. Section 301 investigation into Brazil’s unfair trading practices, specifically on ethanol. Kenneth Hartman, Jr., outlined clear evidence in his comments demonstrating that Brazil’s ethanol tariff
U.S. and EU Issue A Joint Statement on Trade Framework

(WASHINGTON D.C.) — The U.S. and the European Union announced that they’ve agreed on a Framework of an Agreement on Reciprocal, Fair, and Balanced Trade. Among the key terms, the EU intends to eliminate tariffs on all