Corn and Soybean Estimates Drop in October WASDE
CME grain prices shifted significantly higher across the board on Thursday. December soymeal increased by $15.80 and...
Trading in the US interior was sharply lower this week on a big drop in the renewable fuel credit prices. Renewable Identification Numbers (RINs) are credits used for compliance under the US Federal Renewable Fuel Standard (RFS) program and are generated by renewable fuel producers that have registered and approved pathways with the US Environmental Protection Agency (EPA). An oversupply of RINs in the market relative to the mandated blending levels has sparked a selloff in the market and prices are off 37 percent...
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