Scouts on Day 2 of the Wheat Quality Council’s annual spring wheat tour found an average HRS yield of 47.7 bu. per acre on routes through central and northern North Dakota.
Indonesia launched road tests for two types of biodiesel containing 40% palm oil, hoping to conclude by the end of the year whether they are viable for public use.
The Biden administration announced it will sell an additional 20 million barrels of oil from the Strategic Petroleum Reserve (SPR) as part of a previous plan to tap the facility to calm oil prices.
Beneficial rains fell on some areas of the Corn Belt, but weekend precipitation was light from eastern Nebraska to Minnesota and that region may stay drier biased during the next ten days. . .
U.S. Treasury Secretary Janet Yellen has warned that inflation in the U.S. is “unacceptably high” and said bringing down rising prices will be Washington’s “top priority.”