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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.

Pro Farmer policy analyst Jim Wiesemeyer and AgriTalk’s Davis Michaelsen reflect on the life of U.S. Senator Bob Dole plus the debt ceiling, BBB, President Biden’s challenges, and foreign hotspots.

With no updates to the corn and soybean crop estimates this month, focus will be on changes to demand projections for 2021-22.