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Rural Leaders Petition President Trump To Uphold Biofuel Promise

November 5, 2019 – A broad coalition of biofuel and farm advocates have sent a letter to the White House this week calling on President Trump to fix a flawed proposal from the Environmental Protection Agency (EPA), which “fails in its mission to reinvigorate farm economies and reopen biofuel plants across America’s heartland.” The letter was signed by 60 organizations, including Illinois Soybean Growers. It notes that the EPA’s draft plan undermines the administration’s commitment to restore integrity to the Renewable Fuel Standard (RFS) and accurately account for biofuel demand destroyed by Small Refinery Exemptions (SREs).
 
“The flawed proposal swaps out a critical component of the SRE remedy sought by farmers and the biofuels industry,” wrote farm and biofuel leaders. 
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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.