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Corn futures begin week on soft note

Corn futures are beginning the week on a soft note in overnight trading. Friday appeared to be a fairly firm day through most of the session on concerns about delayed planting in Argentina with excessive rains and an unusually large export sale to “unknown destinations” under USDA’s daily export reporting requirements.

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EPA further delays its RFS rule

The Environmental Protection Agency announced that it will not finalize the 2014 Required Volume Obligations (RVO) before the end of the year. American Soybean Association President Ray Gaesser highlighted soybean farmer concerns with EPA's inaction on the issue.

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Federal judge blocks Maui GMO ban

Last week, a federal judge said Maui County cannot implement a new law that would ban the use of genetically modified crops. Voters approved the ballot initiative in early November, and it was expected to go into effect after election results were verified.

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