Loading…
The EPA faces a June 3 deadline to issue final RFS volumes for 2022 and delayed 2021 volumes. The National Corn Growers Association pressed OMB and EPA staff to support strong 2022 volumes while opposing a proposed retroactive cut to 2021 and reopening 2020 standards.
Strong final RFS volumes would support corn-based ethanol demand, while retroactive cuts would signal weaker demand for feedstocks.
farmprogress.comJacqui FatkaMay 25, 2022After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
