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EPA delay of 2014 RFS rule increases potential for Congressional activity

On Nov. 21, 2014, the Environmental Protection Agency (EPA) announced that it would further delay finalizing the 2014 Renewable Fuel Standard (RFS) volumetric blending requirements until 2015. This announcement put the controversial program back in the spotlight with federal legislators, increasing the likelihood of legislative activity when Congress reconvenes in January. Meanwhile, supporters and detractors of the program were left trying to understand what this latest action means for the future of the program.

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Ag markets mixed Tuesday morning

Corn futures continued to creep up with a few cents higher or so Wednesday morning. Slow farmer selling was resulting in firmer basis as the cold weather spurs domestic feed demand. At the same time demand from ethanol plants is rising as well. But export demand is still sluggish. News out of China said the country is planning to build more containers to reduce storage pressure due to increasing stockpiles of grains. December corn futures advanced 2.75 cent to close at $3.77/bushel Wednesday, while May was up 2.75 cents to $3.985.

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Researcher explores drone-driven crop management

J. Craig Williams, a Penn State Extension dairy and crop educator, is experimenting with soybean plots and drones in rural, northern Pennsylvania as part of a $9,200 grant provided by the Pennsylvania Soybean Board.

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