Another Mixed Finish For Birdseeds
PANAMA - Jun 18/21 - SNS -- North American birdseed ingredient markets posted a mixed finish on the week, partly influenced by recent weakness in grains, oilseeds and other markets.
Commenting on the factors influencing markets, the U.S. based National Sunflower Association said "traders fear the Biden administration will back off of anticipated higher biofuel targeted mandates.
"Traders were expecting the Biden administration to impose more ambitious quotas and stop exempting refineries from them. Rumors circulated that EPA is developing targets for biofuel that are likely to be relatively flat or even lower as it seeks to balance the interests of blue-collar refining workers and advance a clean-energy agenda."
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