Feedlot Supplies Tighten as Cattle on Feed Falls 2%

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Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.9 million head on August 1, 2025. The inventory was 2 percent below August

EPA Ruling Brings Little Reaction in Grain Trade

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The U.S. Environmental Protection Agency began working through its backlog of Small Refinery Exemption requests today. According to Reuters, the agency denied 28 petitions, while approving 63 full waivers and granting 77 partial waivers, totaling an estimated

NDFB President Daryl Lies Will Not Seek Re-election

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Bismarck, N.D. – NDFB President Daryl Lies issued the following statement today regarding his decision not to seek re-election this fall at the NDFB Annual Meeting. “There comes a time when change is right. Change is not

Mixed Market Reaction to EPA SRE Decision

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As the EPA announced its decision on small refinery exemptions on Friday morning, we saw a somewhat muted response in the markets. We also have news coming out of the Jackson Hole meeting with Fed Chair Jerome