Ethanol
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.
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.
USDA Undersecretary Luke Lindberg says the big takeaway is establishing a level playing field for U.S. producers and building opportunities from there.
Record corn exports are tightening stocks and lifting prices, but long-term strength depends on expanding domestic demand. Could year-round E15 overcome legislative hurdles in Washington and change the market trajectory?
The Biden administration has delayed its annual rulemaking process regarding its biofuel blending mandates under the Renewable Fuel Standard (RFS) for 2021 (2022 for biodiesel), Reuters says in an exclusive report.
As rumored, the ethanol producer POET announced Tuesday it had acquired Flint Hills Resources’ entire ethanol business.