Your Pro Farmer newsletter (March 26, 2022) is now available
The food versus fuel debate is heating up again amid global supply shortages exacerbated by Russia's war with Ukraine and surging inflation. That could lead to calls for EPA to reduce its biofuels blending mandate. We look at the U.S. biofuels policy and what could lie ahead in our page 4 feature this week. USDA updated its 2022 food price forecasts, which reflected the inflationary environment. Meanwhile, U.S. meat and poultry inventories swelled in February. While this could signal slowing demand, it may be end-users hedging against higher prices during upcoming stronger demand periods of spring and summer. We cover all this and much more in this week's newsletter, which you can access here.