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President Trump’s speech to the United Nations General Assembly contained language that ran in opposition to the U.S. renewable fuel sector. This has some traders and analysts wondering how committed to a home-grown power solution Trump is. “The negative comments made listeners feel like biofuels are part of the ‘big green lie,'” says AgResource in a note. The president’s stance on renewable fuels is of interest to U.S. agricultural markets, who hope to see higher consumption of fuels made from feedstocks like corn and soybeans to support those underlying prices. Most-active corn futures on the CBOT are up 0.8%, and soybeans are flat.





