Although the EPA made it clear it wasn't asking for testimony on the
agency's small refinery waiver program in the Renewable Fuel Standard, farmers
and biofuels producers called for changes anyway during a public hearing in
Michigan on Wednesday.
See DTN Ag News. 1^EPA Hears RFS Testimony...
The U.S. House of Representatives on Wednesday voted to proceed to
conference on the farm bill. House leadership also named conferees on the farm
See DTN Ag News. BHouse OKs Farm Bill Conf....
Farmers are caught in the middle of a multi-front trade war, and
bankers worry damage to farm incomes could put a dent in farmland values,
especially as the Federal Reserve moves forward with higher interest rates.
See DTN Ag News. BTrade Complicates Ag Economy...
Both soybean meal and soybean oil markets in China have remained
relatively calm over the past two weeks after China started taxing U.S.
soybeans with a 25% punitive tariff on July 6.
See DTN Ag News. 4^China Stocked With Soymeal...
Soybean prices are at nine-year lows in nominal terms, but 2008 was a
long time ago and the value of a dollar changes from one timeframe to the next.
In real inflation-adjusted terms, today's soybean values present a historically
favorable buying opportunity.
See DTN Ag News. BKub's Den...