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AFBF Welcomes EPA Announcement on Renewable Volume Obligations

AFBF Welcomes EPA Announcement on Renewable Volume Obligations

American Farm Bureau Federation President Zippy Duvall commented today on the Environmental Protection Agency’s announcement regarding the Renewable Fuel Standard.

“Today’s EPA announcement is welcome news for farmers and ranchers as well as America’s families who are dealing with record-high fuel prices. AFBF appreciates that the Biden administration has upheld the promise to honor the critical role that renewable fuels play in supporting the rural economy.

“The use of homegrown renewable fuels provides an affordable option at the pump, while reducing greenhouse gas emissions the equivalent of taking 18 million cars off the road per year. With wholesale prices for ethanol currently lower than gasoline in many regions of the country, increased blending should lead to lower prices at the pump. Homegrown ethanol and biodiesel are especially important as we face global uncertainties. 

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.