An ethanol group out of Nebraska says year-round sales of E15 could turn numbers around. They are calling on the Administration to change the Clean Air Act, saying it is long overdue.
“By not allowing that 20–30 years ago in the thinking, we ended up in the situation where we are now. Of course, with the petroleum competitor, who does not want to lose that five percent market share, and they want to fight tooth and nail for that, which I understand. If I were a CEO of Exxon, I’d feel the same way. But I’m not CEO of Exxon. I’m a corn farmer from Nebraska, and my concern lies with my friends and my neighbors, and how we can keep more young farmers in business,” said Janten Bensel with the Nebraska Ethanol Board.
Regular unleaded gas, like most cars use today, is an E10 blend. The group argues that if that went up to 12, it could help consume an extra billion bushels of grain each year. Other renewable fuel groups are calling on Congress to write into law year-round sales of E15. It is an issue they could tackle when returning to Washington next month.
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Lewis Williamson with HTS Commodities shares an update on post-WASDE grain movement, with corn leading export momentum, soybeans steady, and wheat and sorghum continuing to move selectively.
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Strong U.S. yields and steady demand leave most major crops well supplied, keeping price pressure in place unless usage strengthens or weather shifts outlooks.
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While agriculture doesn’t predict every recession, the sector’s long history of turning down before the broader economy
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ARC-CO delivers the bulk of 2024 support, offering key margin relief as producers manage tight operating conditions.
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As economic pressures continue to squeeze agriculture, ag lenders are signaling a more cautious outlook for farm profitability heading into next year, particularly among grain producers facing lower commodity prices and higher operating costs.
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USDA released the November WASDE Report on Friday, the first supply-and-demand estimate to drop since September, just before the 43-day government shutdown.
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AFBF economist Faith Parum breaks down the potential impact of the proposed policy change to allow year-round sales of E15 biofuel.
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With the U.S.–Vietnam agreement nearing signature, U.S. cotton, corn, and soybean exporters could lock in new demand lanes just as global supply shifts.
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