Ethanol
The RFS Set 2 rule is projected to increase net farm income by $4 billion and create a $31 billion market for corn and soybean oil while supporting 100,000 new rural jobs.
EPA waiving fuel from U.S. volatility requirements to allow summer sales of E15 has become standard practice but at least this year it is coming early.
USDA Under Secretary Luke Lindberg points to strategic deals and surging dairy, ethanol and corn exports driving the U.S. toward an ag trade surplus
John Deere is testing a 350-hp E98 ethanol tractor across the Midwest. Early trials show promise, but infrastructure might decide how fast farmer-grown fuel can power the future of farm equipment.
The proposed rule sets up farmers to participate in the opportunity created by these biofuel producer tax credits, but questions remain.
Monte Shaw with the Iowa Renewable Fuels Association says the president’s direction to Congress could be the game changer to pass E15 legislation after a decade-long fight.
Preceding President Donald Trump’s visit to a Clive, Iowa, farm, several groups sent a letter asking him to support biofuels policy that would provide certainty for corn and soybean farmers.
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.
Geoff Cooper with the Renewable Fuels Association says it appears Congress is going to kick the can again on getting the E15 legislation done.