Monday, January 6th, 2025 Podcast

Wheat led the grain and oilseed markets to a mostly higher day on Monday, although we did finish off of session highs in corn and soybeans. Cattle futures also found some good buying strength to start the
German Election Frontrunner Wants EU Trade with U.S.

Friedrich Merz, a German conservative leader, is considered the frontrunner to become the country’s next chancellor. He wants the European Union to make another attempt at a free trade deal once Donald Trump is back in the
China Approves More GM Crops to Boost Food Security

China approved five gene-edited crop varieties and 12 types of genetically modified soybeans, corn, and cotton. Reuters says the expanded approvals are intended to boost high-yielding crops, reduce the need for imports, and ensure Chinese food security.
Early Push for National Year-Round E15 Expected in New Congress, Administration

An early push for national year-round E15 sales is expected as a new Congress and administration are seated. Legislative efforts fell short in the last Congress but gave national year-round E15 sales new momentum. Iowa Senator and
Ethanol Production Grows for Fourth Consecutive Week

The Energy Information Administration says ethanol production averaged 1.111 million barrels a day during the week ending on December 27. This was the fourth consecutive week-over-week increase, up from 1.107 million barrels a day during the prior
EPA’s Final Risk Evaluation for Formaldehyde Threatens US Agriculture and Food Security

Arlington, VA – The Fertilizer Institute (TFI) today expressed concern following the U.S. Environmental Protection Agency’s (EPA) completion of the final risk evaluation for formaldehyde under the Toxic Substances Control Act (TSCA), saying that while EPA made