In his opening statements, Rep. Dusty Johnson (R-S.D.) set the tone for the meeting, saying “a better, more sustainable future won’t come from the harsh, scolding voices of the naysayers.”
Could $90 Oil Rev Up Corn Demand and Prices Before Spring?
WTI oil prices crossed the $90 mark last week for the first time since 2014. Strong oil prices typically translate into strong demand for corn ethanol, but some analysts warn electric vehicles may put that on a detour.
Soybeans Climb to Eight-Month High on South American Supply Worries
Chicago soybean futures jumped more than 1% on Monday to their highest since June on concerns over supplies from South America and strong demand from China.