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Markets Decline as EPA Biofuel Standards Impact Corn and Soybeans

3/29/2026

46 6 Full Breakdown

Summary

Story summary

Markets fell this week as May corn dropped 3.5 cents and May soybeans fell 2 cents.
The decline followed the Environmental Protection Agency (EPA) Renewable Fuel Standard for 2026–2027, which kept biofuel at 15 billion.
Traders await U.S. Department of Agriculture (USDA) reports on March 31, as fertilizer costs tied to the Iran war threaten corn acreage, and Jerry Gulke of the Gulke Group notes a lack of bullish catalysts.

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Story summary

Markets fell this week as May corn dropped 3.5 cents and May soybeans fell 2 cents.
The decline followed the Environmental Protection Agency (EPA) Renewable Fuel Standard for 2026–2027, which kept biofuel at 15 billion.
Traders await U.S. Department of Agriculture (USDA) reports on March 31, as fertilizer costs tied to the Iran war threaten corn acreage, and Jerry Gulke of the Gulke Group notes a lack of bullish catalysts.