Plenty of Reasons for Falling Gasoline Prices

Plummeting gasoline prices are the result of lagging economic growth in many parts of the world, the end of the summer driving season, less expensive winter gasoline and well-functioning Midwest refineries, Purdue University energy economist says. There’s both good news

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Latest Government Report Ends Food vs Fuel Debate

Friday, the U.S. Department of Agriculture (USDA) released its monthly World Agriculture Supply and Demand Estimates (WASDE) report and confirmed what many private analysts had already the reported – the U.S. corn crop is going to break last year’s record


New Report: U.S. Fuel Economy Reaches All-Time High

New vehicles achieved an all-time-high fuel economy in 2013, the Environmental Protection Agency announced today. Model year 2013 vehicles achieved an average of 24.1 miles per gallon (mpg) ‑– a 0.5 mpg increase over the previous year and an increase

Bob Dinneen 13

Missouri Retailers May Be Price Gouging on E-85

A study released by the Renewable Fuels Association suggests some retailers in the St. Louis, Missouri area may be price gouging drivers on E-85. The study was announced Tuesday and reviewed average E85 prices over this past summer. The Renewable

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Second Generation Bioenergy Crops Topic of Wabash Meeting

will co-host a meeting in Wabash on opportunities and available technology for “second generation” bioenergy crops. The meeting will be from 9:30 a.m. to 3:30 p.m. Oct. 28 at the Wabash County REMC at 350 Wedcor Ave. Doors will open at

Cool Planet render

USDA Guarantees $91 Million for Innovative Louisiana Biofuel Plant

Agriculture Secretary Tom Vilsack Friday announced a $91 million loan guarantee to help finance an innovative advanced biofuel plant in Rapides Parish, Louisiana.  ”This partnership is the latest example of the Obama Administration’s continuing support for innovative, home-grown energy sources,”

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Senators ask for Study on Impact of Rail Problems

Earlier this week, U.S. Senator John Thune of South Dakota and Amy Klobuchar of Minnesota sent a letter to USDA calling for an economic analysis of rail service challenges facing agricultural shippers. The senators called for Secretary Tom Vilsack to

Governors' Biofuels Coalition

Governors’ Biofuels Coalition Renews Call to Restore RFS Production Levels

Illinois Governor Pat Quinn and Iowa Governor Terry Branstad, chairman and vice chairman of the Governors’ Biofuels Coalition, have sent a letter urging the Obama Administration to ensure the development of domestically produced renewable fuels by amending EPA’s proposed RFS

Keith Johnson-Purdue

Indiana Forage Field Day set for Oct. 30 in Trafalgar

Forage growers and livestock producers will have the opportunity to see the diverse use of forages during Indiana Forage Field Day activities in the Trafalgar area. The event will be held from 9:30 a.m. to 3 p.m. Oct. 30 at


Iowa GOP Makes Biodiesel Campaign Stop

Iowa biodiesel producers and soybean farmers hosted Governor Terry Branstad, Lt. Governor Kim Reynolds and U.S. Senate candidate Joni Ernst at the REG Newton biodiesel plant last week. Industry representatives also had a private meeting with Ernst where  executive director Grant Kimberley said


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Market Watch

Closing Comments

Closing Comments Corn This was a weak of grain and oilseed prices being influenced by both the fundamentals and by monetary policy. The end result was a rally into midweek, followed by weakness into the weekend. Fundamentally, this year’s harvest


Jim Riley Market Review for 10/31/2014

  Agriculture today is not what it was a decade ago and the futures market that is at the heart of the world farm economy has changed dramatically in just the past few years. Electronic trading and speculative funds have