Today, the EPA approved petitions from eight states to allow the sale of the higher blended ethanol year-round, starting in 2024.
It passed for Illinois, Iowa, Minnesota, Missouri, Nebraska, Ohio, South Dakota, and Wisconsin. The EPA says those states provided enough information to put E10 and E15 on the same regulatory footing. North Dakota was the one state who asked for but did not get approval.
While the states were hoping to have this approved for this year, this is still good news for farmers.
Story via Todd Neely with DTN
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API said it stands ready to work with Congress to develop a balanced approach to E15 legislation that promotes fuel choice, supports investment certainty, and contributes to a stable and fair marketplace for American consumers.
Lawmakers are pressing for answers on how Washington’s “managed trade” approach — keeping leverage through long-term tariffs — will affect farmers, global markets, and future export opportunities.
In the meantime, Senate Majority Leader John Thune is asking that farmers be allowed to use marketing assistance loans to help stay afloat.
Beef industry groups seem to agree — market-based pricing, not federal intervention, best supports rancher livelihoods and long-term beef supply stability.
Cattle groups say additional imports would offer little relief for consumers but could erode rancher confidence as the industry begins to rebuild herds.
Understanding how these tax provisions interact will be key for farmers planning long-term equipment purchases or transfers within the family.
