Wednesday, May 5, 2021 8:46AM CDT
EPA Administrator Michael Regan, along with Agriculture Secretary Tom Vilsack, toured the Lincolnway Energy ethanol plant near Nevada, Iowa, and hosted a roundtable discussion with producers. Ethanol producers made the case that the Biden administration shouldn't put all of its stock in electric vehicles. Regan also later visited a Superfund site in downtown Des Moines.
Wednesday, May 5, 2021 5:00AM CDT
The price gains seen for corn, soybeans, wheat, cotton, canola, oats and any other plantable commodity this spring are part of a broader phenomenon inflating most other commodity sectors at the same time.
July corn is up 4 3/4 cents, July soybeans are up 17 1/2 cents and July KC wheat is down 1 1/4 cents.
Higher livestock futures across the board Wednesday will hopefully translate into continued gains Thursday. However, the export sales report will be released Thursday, morning which could have an influence on price direction.