Ethanol groups have been closely watching events out of Washington since the election. They have set their focus on exports next year and are looking to places like Indonesia and Vietnam.
“Those countries are looking at going to E15 plans, potentially taking that to an E-10, 10% ethanol plant. We were talking about India already being one of the major destinations for ethanol. India is trying to go over the next couple of years to a 20% ethanol blend. So, there are plenty of opportunities overseas for U.S. ethanol producers. We just have to keep on growing those markets over time,” said Renewable Fuels Association’s Scott Richman.
Richman says he is hopeful Congress can pass a year-round E15 bill before the session ends. He says it is well past time and would strengthen the domestic supply.
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Secretary Rollins is signaling a possible reopening of the southern border to Mexican feeder cattle as officials work to manage the threat of the New World Screwworm.
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Lower shipping costs alone will not restore export competitiveness.
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Rising fuel costs will soon increase grain transportation expenses.
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The USDA’s upcoming reports will drop on Tuesday afternoon, giving the trade real results on acreage shifts, drought concerns, and ongoing trade tensions, adding uncertainty for U.S. farmers.
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South Texas farmers face worsening drought as Mexico falls short on water payments, leaving producers struggling for irrigation under the 1944 treaty.
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