The Trump administration “has yet ... to produce a concrete plan to meet the annual 15 billion-gallon requirement” for mixing corn ethanol into the U.S. gasoline supply, said House Agriculture Committee chairman Collin Peterson on Wednesday.
China, Brazil and the United States will help drive a dramatic global increase in ethanol consumption in the next 10 years, said a U.S. Grains Council analyst on Monday. However, the Sino-U.S. trade war will blunt the opportunity for ethanol from the United States, the world’s largest exporter, …
The EPA will adjust the Renewable Fuel Standard to "net out" at 15 billion gallons in 2020 after waivers to some oil refineries, said administrator Andrew Wheeler. During a broadcast interview, Wheeler said the agency expects to release soon a detailed version of its plan, intended as a compromise between the ethanol and oil industries.
The Trump administration responded to months of Farm Belt complaints that it was undermining homegrown biofuels by vowing to increase the ethanol mandate, beginning next year, above the 15-billion-gallon-a-year target that is set by law. Officials did not specify a new figure for corn ethanol usage nor did its package include the oil industry's goal of a cap on the price of credits that refiners must buy if they do not mix enough ethanol into gasoline.
Roughly ten days ago, Midwestern senators left a meeting with President Trump believing they had an agreement to solidify corn ethanol’s share of the gasoline market. Yet Iowa Sen. Chuck Grassley said on Tuesday he had no idea why the administration has not announced the plan, arguing …
The U.S. appeals court in Washington unanimously ordered the EPA to reconsider its Renewable Fuel Standard for 2018 because it failed to account for the potential impact of full-throttle corn production on endangered species and habitat. Even though the decision was directed at agency deliberations that took place in 2017, the Sierra Club, one of the plaintiffs in the case, said the EPA will have to take the ruling into account in writing the RFS for 2020.
Although most producers say Trump tariff payments will "completely or somewhat" relieve the impact of the Sino-U.S. trade war on their operations, farmer confidence is plummeting, according to a Purdue University poll released Tuesday. The Ag Economy Barometer, a gauge of the health of the agricultural economy, fell from a record high of 153 in July to the lowest reading — 124 — since May.(No paywall)
President Trump will soon announce a plan to boost demand for biofuels. At least that’s what Agriculture Secretary Sonny Perdue told participants in a policy forum at the Illinois Farm Progress Show on Wednesday. But no one — including Trump or Perdue — seems to know exactly what that plan will be, let alone when it will be announced or implemented.
A day after President Trump scoffed at wheat exports to Japan — “They don’t even want our wheat,” he said — U.S. wheat growers called out the president for maligning an important trade relationship. It was one of the first times farmers have talked back to Trump since they helped elect him to office.