Ethanol
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.
The political climate might finally be right to pass year-round E15 legislation. Analysis from NCGA indicates E15 legislation would be one of the quickest ways to increase demand and work through the record pile of corn.
USDA Undersecretary Luke Lindberg says the big takeaway is establishing a level playing field for U.S. producers and building opportunities from there.