AFBF Economist: Year-Round E15 Could Give Bumper Corn Crop a Big Boost

AFBF economist Faith Parum breaks down the potential impact of the proposed policy change to allow year-round sales of E15 biofuel.

WASHINGTON, D.C. (RFD-TV) — With a bumper corn crop this season, U.S. farmers are searching for ways to expand market opportunities — and one potential boost could come from year-round sales of E15, a higher ethanol blend that experts say could lift corn demand, lower fuel prices, and strengthen overall farm income.

American Farm Bureau Federation (AFBF) economist Faith Parum joined us on Thursday’s Market Day Report to break down the potential impact of the policy change.

Parum explained that allowing E15 sales year-round would likely increase corn demand, since ethanol production relies heavily on the crop. The move could also help consumers by offering a lower-cost, cleaner-burning fuel option at the pump — benefits that could ripple throughout the rural economy.

Currently, E15 cannot be sold nationwide during summer months due to environmental regulations tied to air quality standards, a restriction farm groups and ethanol advocates have long pushed to remove.

Looking ahead, Parum noted that even as electric vehicle adoption grows and gasoline demand levels off, biofuel policy remains key to sustaining markets for American farmers. She said maintaining and expanding ethanol access is an important way to ensure a strong, reliable outlet for corn in the years ahead.

Related Stories
Durango Boots Marketing Manager Erin DeLong joins us to discuss her conversation with Kirbe Schnoor on the latest episode of Dirt Diaries.
The “100 Hires in 100 Days” initiative has already drawn more than 1,000 applicants.
Eye exams can help detect conditions that may require additional care from a specialist.
Much of the crop cleared pollination as current projections remain near 16 billion bushels.

LATEST STORIES BY THIS AUTHOR:

Weak tractor and combine sales show producers remain cautious about committing capital to major equipment purchases.
The initiative can also introduce U.S. wheat to new potential customers, creating relationships that may continue even after food aid programs end.
Fordyce said the meetings give producers an opportunity to communicate directly with USDA officials about issues affecting their operations.
Kansas, North Dakota, and Nebraska are states where H-2A wage rates are increasing by roughly 20 percent in some cases.
Heather Ramsey says farmers cannot control how outside market participants react to government reports, but they can control their own marketing strategies.
The Black Sea is a major export route for wheat, corn, and other agricultural commodities. Recent attacks, however, are disrupting exports from Russia and Ukraine.
Agriculture Shows
Agriculture is the most important industry in the world, and Ag PhD Daily brings you the information you need to best manage your business only on RFD-TV and RFD+
Hosted by Scott “The Cow Guy” Shellady and RFD News Markets Specialist Tony St. James, Commodity Talk delivers expert insight into the day’s ag commodity markets just before the CME opens. Only on RFD-TV and Rural Radio SiriusXM Channel 147.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.