- U.S. and EU release trade deal details, improving market access for American farm products (Forbes): Yesterday, U.S. and EU officials released new details of their trade framework, confirming that Europe will lower barriers on a wide range of American farm products. Dairy, pork, nuts, fruits, vegetables, seeds, soybean oil, and seafood will gain easier access to EU markets through reduced tariffs and streamlined certification rules. For farmers, this means more reliable opportunities in Europe, though some sectors like wine and steel remain unresolved.
EPA to Rule on Refinery Waivers, Biofuel Demand Still Uncertain (Reuters): The Trump administration is preparing to act on a large backlog of small refinery exemption requests under U.S. biofuel laws, with the EPA expected to announce some decisions as early as today. Out of nearly 200 pending cases—some dating back to 2016—officials will grant a mix of approvals and partial denials, stopping short of a broad win for refiners.
A separate question of whether larger refiners should offset the exempted volumes, known as reallocation, will be delayed. Instead, the administration plans to issue a supplemental rule next week to gather public input. The outcome of these decisions could significantly affect both the oil and farm sectors, shaping prices for gasoline, renewable diesel, corn, and soybeans.
Secretary Rollins names new USDA state directors (USDA Press Release): Yesterday, the latest slate of appointments for key Farm Service Agency (FSA) and Rural Development (RD) State Director roles was announced.
“When rural America succeeds, our entire country is stronger. These newly appointed USDA state directors will play a critical role in advancing President Trump’s America First agenda in the states and ensuring that our farmers and ranchers are prioritized. Farm security is national security, and this Administration is prioritizing protecting small family farms for the next generation of American farmers. I appreciate these newly appointed directors’ commitment to our mission and look forward to seeing them lead with the kind of vision that puts American farmers and rural communities first,” said Secretary Rollins.