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By Julie Ingwersen CHICAGO, June 13 (Reuters) – U.S. soyoil futures surged their daily limit on Friday and soybeans hit a three-week high after the Trump administration proposed biofuel blending requirements that were above trade expectations, analysts said. Chicago Board of Trade corn futures followed soybeans higher and CBOT wheat rose about…

The Midwest and the High Plains experienced a mix of drought improvements and degradations over the past week, according to the latest Midwest Drought Monitor. A broad band of rain stretched from Missouri through Illinois, Indiana, and into parts of Michigan, bringing widespread one-category improvements.  https://droughtmonitor.unl.edu/CurrentMap.aspx Nebraska Avoids Extreme Drought…

On June 11, the U.S. Senate Committee on Agriculture, Nutrition, and Forestry released text for its proposed budget reconciliation package. John Boozman (R-AR) is the committee chairman.  “Our farmers and ranchers are facing real challenges, which have been unaddressed for too long,” said Boozman in a statement alongside the release…

The Environmental Protection Agency (EPA) announced Friday morning its proposed 2026/2027 rules for the Renewable Fuel Standard (RFS). The proposal included a rise in biomass-based diesel mandates as part of an overall proposed rise in the amount of biofuels that must be blended into the U.S. fuel mix. Initial feedback…

Today, the U.S. Environmental Protection Agency released proposed biofuel blending volumes under the Renewable Fuel Standard. The agency proposed that refiners must blend 15 billion gallons of conventional biofuels in 2026 and 2027. The agency is also proposing several regulatory changes to the RFS program, including reducing the number of…