U.S. ethanol exports rose to a peak value of $7.5 billion last year, making a positive contribution to the U.S. trade balance, while also boosting farm incomes.
Renewable Fuels Association Chief Economist, Scott Richman spoke with RFD-TV’s own Suzanne Alexander on current trade conditions, what this means for producers, and what to expect moving forward in 2025.
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Ethanol demand held together last week, but lower production and thinner stocks put more focus on export strength. Production capacity is also strengthening over time and benefiting soybean farmers.
Farm Bureau Economist Dr. Faith Parum discusses USDA’s efforts to expand fertilizer capacity, signals for farm profitability, and AFBF’s Farm Bill expectations.
Expanded export financing could provide greater support for ag sales abroad if buyers and lenders use the additional tools.
The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
Higher input costs are making flexible marketing plans and updated break-even targets more important.