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Biofuel groups react to EPA proposals, Biden threatens Putin with sanctions and the House clears debt limit hike...
Grain, soybean futures expected lower as market waits for USDA supply update.
EPA raises food vs fuel debate for renewable diesel; Ethanol sector aid finally detailed
Soybean and soyoil futures faced active followthrough selling overnight, which pulled the rest of the grain and soy markets lower.
The proposed reductions are due to Covid impacts on fuel demand. EPA proposes returning to statutory mandated levels in 2022.
Corn and wheat futures climb as markets await USDA report, soybeans end lower, hogs sink to six-week low.