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.

LATEST STORIES BY THIS AUTHOR:

The Senate failed to pass a continuing resolution that had been approved by the House the previous week. They could take it up again today, but it would take seven democrats to end the stalemate.
The USDA is working with 14 different states, including Georgia, to develop and implement block grants to address the unique disaster recovery needs for each state.
The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
We caught up with Karen Braun, Chief Market Analyst at Zaner Ag Hedge, at the Women in Agribusiness to discuss the data behind commodity trading.
Weston Brown joined us on Monday in the RFD-TV Studios in Nashville to share how he is preparing for the upcoming National FFA Convention & Expo.
Agriculture Shows
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.
Everything profits from prairie. Soil, air, water — and all kinds of life! Learn how you can improve your land with prairie restoration, cover crops and prairie strips, while growing your bottom line.
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.