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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Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
“We believe that it is just a matter of days or weeks... before we see New World screwworm in Texas.”
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
