The final 2019 Required Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) are being reviewed by the Office of Management and Budget (OMB). The statute requires that the volumes be published by 30 November. The EPA submitted its draft of the final rule to OMB on 31 October and published its proposed volumes for 2019 on 26 June.
The final rule is not expected to differ much from the proposal, which sets the combined volume of biofuel at 0.88 percent of total over-the-road fuel (including gasoline and diesel) compared with 10.67 percent for 2018. The conventional ethanol volume was maintained at the statutory maximum of 15 billion gallons. All of the 590-million-gallon increase proposed in the overall RVO was provided under...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
