Ethanol

The Trump administration is considering a policy change that could allow an extra billion gallons or more of biofuel each year to qualify toward a U.S. mandate, lowering costs for refiners at the expense of ethanol producers, according to people briefed on the discussions.

Buying bankrupt plants on cheap to become No. 5 U.S. producer.

During remarks at the Farm Journal Forum, he says he’s “bullish” on ethanol industry and says the opportunity for agriculture is “unlimited.”

Some who were quoted in a recent Associated Press investigative report on ethanol are saying that they were misled and misrepresented.

‘The real question is what happens in 2013, when the ethanol blending obligation increases to 13.8 billion gallons.” --Purdue University

Expect corn usage and prices to take a hit if Congress doesn’t make a move.

The Senate voted overwhelmingly on Thursday to eliminate billions of dollars in support for the U.S. ethanol industry.

Former President’s warning comes amid food price increases.

EPA released target volumes for the Renewable Fuel Standard (RFS) program for 2019 as anticipated, earlier Friday, holding conventional volumes at 15 billion gallons.

Ethanol prices are in a free fall due to fewer people driving and a recent price war. As some ethanol plants shutter production, facilities may start producing for DDGs to meet the possible upcoming Chinese demand.