Buying Argentinian Beef and California's E15 Example
From the Ag Information Network, I’m Bob Larson and this is your Agribusiness Update.
**The Associated Press reports the U.S. may purchase Argentinian beef in an attempt to bring down the price of beef at U.S. grocery stores.
The move comes after President Trump promised to address the issue to help keep inflation in check.
U.S. beef prices have been “stubbornly high” for several reasons, including drought and reduced imports from Mexico due to the New World Screwworm.
**The National Corn Growers Association says California is an example of what could be achieved around the country after the state enacted a law allowing E15 fuels.
It’s estimated that if Californian’s had access to E15 in 2025, it would have created a demand of nearly 12% of the expected corn supply this year.
NCGA President Joe Bower says now Congress needs to extend access to year-round E15 to every state.
**The EPA is proposing supplemental SRE reallocation volumes to the 2026 and 27 Renewable Fuel Standard Volumes.
EPA is co-proposing to either fully or partially account for 2023-25 small refinery exemptions granted this year by adding a supplemental volume in 2026 and 27.
In a letter to EPA Administrator Lee Zeldin, Clean Fuels said U.S. soybean farmers and processors could lose between $3.2 to $7.5 billion in crop value over the next two years if the EPA doesn’t completely reallocate recently exempted RFS volumes.
