While President Trump pulled the plug on the prior Administration’s EV mandate, tax credits for electric vehicles are still in play.
The ethanol industry says that will allow for more competition, but could also open the door for more hybrid technology.
“The tax credit being eliminated would have an impact on hybrid technology. But I think at the end of the day, I think, eventually, consumers and the manufacturers hopefully get to the point where hybrid technology is the winner,” said Renewable Fuels Association’s Troy Bredenkamp.
Bredenkamp says more hybrids could equal more ethanol sales, giving consumers the best of both worlds.
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U.S. cattle on feed totaled 11.1 million head on August 1, up 2 percent from 2025, while July placements fell 11 percent to a record low.
Farmers are balancing weaker yields with higher fuel and fertilizer costs.
South Texas farmers and ranchers have raised concerns over water supplies.
Analysts are watching global oil flows as demand increases.
Anhydrous prices are still 27 percent higher than a year ago.
The 90-day extension gives fertilizer suppliers additional transportation flexibility through the fall application season.
