Biofuel
The National Corn Growers Association is urging action on E15 and the Farm Bill as larger corn supplies weigh on prices and harvest trails the five-year average.
Researchers say existing methanol-capable ships could consume about 2 billion gallons of ethanol annually.
USDA reported stronger year-over-year corn use for ethanol and soybean processing.
Ohio’s 90-day fuel-tax suspension provides temporary relief as farmers work through harvest, but Brad Bales with the Ohio Farm Bureau says longer-term solutions are needed to address higher production costs.
The Renewable Fuels Association says emergency waivers do not provide retailers with long-term certainty.
American Soybean Association Vice President Dave Walton discusses U.S.-China trade, soybean purchases, tariffs, and harvest conditions on his Iowa operation.
Iowa Sen. Joni Ernst says the next major step for the Farm Bill will come after the November elections — with Proposition 12, year-round E15, foreign farmland ownership, and negotiations over a five-year bill among the issues still in focus.
Sen. Deb Fischer, R-Neb., and a Senate Ag Committee member, said Nebraska producers want certainty, disaster assistance, and more markets. The legislation now awaits consideration by the full Senate, but must be done by Sept. 30.
The CHS facility is expected to produce soybean oil and meal beginning in 2028.
The new law removes another barrier to E15 sales in the nation’s largest gasoline market.