Biofuels
During his trip to Clive, Iowa, Trump reaffirms support for year-round E15, backing corn growers and ethanol, while announcing John Deere’s expansion of two new domestic production and distribution facilities.
Soybeans and soybean oil saw a higher day on Tuesday driven by hopes President Trump would make a biofuels policy announcement regarding 45Z or the RVO proposal while speaking in Iowa after the market close says Naomi Blohm with Total Farm Marketing.
Geoff Cooper with the Renewable Fuels Association says it appears Congress is going to kick the can again on getting the E15 legislation done.
The December Ag Economists’ Monthly Monitor shows the farm economy will likely stay strained into 2026. As crops face tight margins, biofuels policy — especially E15 and biomass-based diesel — could influence recovery.
Is EPA Reversing Course on RFS Proposal? Agency Pushes Back on Rumors as Ag Sector Awaits Final Rule
EPA’s frustration was on full display when asked about a media report suggesting the administration is considering delaying proposed cuts to incentives for imported biofuels — a key piece of EPA’s June proposal that was intended to prioritize domestic production.
Indonesia will start road safety tests for its planned B50 biofuel program early next month.
Most of the slowdown was due to a deceleration in production capacity in renewable diesel and other biofuels.
University of Minnesota soybean breeders are working to increase oil content in soybeans from around 22% to closer to 30%, a crop with higher oil that could cater to emerging demand.
If EPA allows these waivers and the backlog of SREs from 2023 to 2025, without increasing the volumes in 2026 and 2027, it will mean lower biofuels production.
