Apr 28 | Closing Market Report

- Naomi Blohm, TotalFarmMarketing.com
- RFS Rule's Impact on BioMass Based Diesel RINs
- Don Day, DayWeather.com

The April 28, 2026, Closing Market Report covers updates on agricultural markets, federal renewable fuel standards, and national weather forecasts. Naomi Blohm highlights a rapid planting pace for corn and soybeans across the Midwest, contrasted by stalled progress in Wisconsin due to heavy rains. She also notes that poor winter wheat conditions and ongoing geopolitical tensions in the Black Sea are driving up wheat futures. 

Following the market update, agricultural economist Todd Hubbs explains that new Renewable Fuel Standard (RFS) mandates will push domestic biomass-based diesel production to its limits. He details that a structural shortfall in D6 (corn ethanol) RINs requires a backfill using D4 (biomass diesel) RINs, which is expected to sharply increase demand for feedstocks like soybeans or other oilseeds over the next two years. 

Finally, meteorologist Don Day forecasts a weather shift that will bring beneficial rain to the drought-stricken Delta and Southeast regions, though severe dryness is expected to persist across the hard red winter wheat areas of the central and western Plains.