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.
USDA’s March WASDE report leaves U.S. corn, soybean and wheat ending stocks unchanged while adjusting global production estimates for South America.
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Tariff revenues rarely flow directly back to farmers.
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Strong exports and production support ongoing corn demand.
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Brooks York with AgriSompo provide insight on crop insurance considerations and the decisions farmers are making as the enrollment deadline approaches.
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Farm legal expert Roger McEowen discusses a new rail antitrust case in Kansas and its potential implications for farmers as rail upgrades signal continued export-driven demand for logistics.
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Surging energy markets are quickly becoming a cost story for U.S. agriculture as crude oil climbs on supply fears tied to the Middle East conflict.
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