The ethanol industry received a potential break with Congress’s repeal of a Biden-era federal waiver that would have allowed California to implement an electric vehicle mandate by 2035.
California and eleven other states have now been sent back ot the drawing board on how ot make a shift towards more electric vehicles.
The mandate would have imposed fines as high as $20,000 on purchasers of gas-powered vehicles.
California has called the repeal “unlawful” and has now vowed to sue the Trump administration over the congressional action. Senate Environment Chair Shelley Moore Capito argues that the mandate would have limited consumer decision-making.
“Forcing certain states and certain customers to purchase a vehicle that they may not want or that they can’t find,” she explains. “It really eliminates what I think our country was built on, which is individual choice and making decisions for yourself.”
The repeal is being hailed as a victory by both the ethanol and petroleum industries, as well as many automakers.
U.S. Senator Joni Ernst (R-IA) joined us on Wednesday’s Market Day Report to share why Ames is uniquely positioned to support expanded USDA operations.
October 08, 2025 12:47 PM
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Iowa land values dropped 3% year-over-year. Sen. Chuck Grassley said this discomforting pattern is a harbinger of crisis for farmers, as seen in the 1980s.
October 08, 2025 12:37 PM
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Jed Bower, the incoming president of the National Corn Growers Association, joined us for his sector’s perspective on the ongoing government shutdown.
October 08, 2025 11:41 AM
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Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
October 08, 2025 11:19 AM
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Expect firm demand for dependable HRS and SW, steady movement in HRW, more sorting on SRW, and selective bids on durum until full milling results are released.
October 07, 2025 03:02 PM
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Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.
October 07, 2025 02:37 PM
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