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President Trump spoke at Southwest Iowa Renewable Energy and claimed a victory on year-round E15 sales, while touting a $28 billion farm aid package. Some Iowa leaders said hardship waivers for refiners could undermine the gains from E15.
Farmers have faced declining corn and soybean prices after several record harvests.
Expanded ethanol sales support corn demand, but refinery waivers that reduce blending requirements could limit that support.
desmoinesregister.comDonnelle EllerJun 12, 2019After 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.
