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Pro Farmer Newsletter | May 30, 2015

Pro Farmer Newsletter | May 30, 2015

Overall, a good week for crop development across the Midwest, while there's crop damage across the Southern Plains due to flooding. We have details on several policy announcements, including the RFS -- and much more.

Bullish Dollar Fundamentals Lacking

Bullish Dollar Fundamentals Lacking

Traders assume the dollar will rally with higher interest rates, but rates declined this week.

EPA Proposes RFS Levels for 2014, 2015 & 2016

EPA Proposes RFS Levels for 2014, 2015 & 2016

Agency says the levels represent 'significant growth' for biofuels despite below mandated levels.

EPA Issues Proposed RFS Standards for 2014-2016

EPA Issues Proposed RFS Standards for 2014-2016

Also issues the proposed biomass-based diesel volume for 2017.

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Cash Sales Monitor

10% of 2015-crop corn is sold

2015-Crop Corn Sales

Cash-only marketers and hedgers are 10% forward sold in the cash market.

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25% of 2015-crop wheat is sold

2015-Crop Wheat Sales

Cash-only marketers and hedgers are 25% forward sold in the cash market.

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35% of 2015-crop soybeans are sold

2015-Crop Soybean Sales

Cash-only marketers and hedgers are 35% sold in the cash market.

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35% of 2015-crop cotton is sold

2015-Crop Cotton Sales

Cash-only marketers and hedgers are 35% forward sold in the cash market.

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