The Trump administration is siding with Big Oil despite announcing a plan to increase ethanol consumption, farm state senators told the No. 2 USDA official on Thursday. “That’s a president that has chosen oil companies over family farmers,” said one of the critics, Democrat Sherrod Brown of Ohio.
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.
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.
As recently as Wednesday, President Trump lauded farmers as “great patriots” for their forbearance in the face of ag exports lost due to the Sino-U.S. trade war. A handful of corn and soybean farmers active in biofuels policy said on Thursday that there is less patience in farm country for the administration’s handling of the ethanol mandate.
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 …
President Trump will meet with oil state senators, possibly this afternoon, as the White House referees a long-running dispute over ethanol’s share of the U.S. fuel supply.
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 dozen lawmakers called on Wednesday for a review of the explosion in ethanol waivers awarded by the EPA in the past two years. In a letter to the Government Accountability Office, the lawmakers said many of the small-volume refineries that applied for waivers did not need them.