Incentives for ethanol are up in the air

As lawmakers debate the debt ceiling, ethanol groups are concerned about legislation introduced by the House Speaker. Representative Kevin McCarthy’s list of demands includes repealing the biofuel tax credits passed in the Inflation Reduction Act.

Renewable Fuels economist, Scott Richman, tells Brownfield Ag News the credits are vital for developing sustainable aviation fuel, for decarbonization and climate goals, and for extending U.S. fuel supplies.

Nationwide, USDA says 45 percent of U.S. corn is used for ethanol production and that is prompting studies on the economic impact of E15.

The latest research out of Minnesota by ABF Economics shows statewide use of E15 would:

Producers out West are learning from cotton growers in Louisiana and Mississippi this week at the National Cotton Council’s Producer Information Exchange Tour.
Meat exports were mixed for the first half of the year according to data compiled by the U.S. Meat Export Federation.
RFD-TV’s Tammi Arender shopped at Boot Barn on Broadway while chatting about the elements of Western fashion that concertgoers will be wearing in Nashville this weekend at CMA Fest.
The California Department of Food and Agriculture is hosting a series of webinars to help ensure the transition goes as smooth as possible.
Former U.S. Congressman and long-time ranking member of the House Ag Committee Charles Stenholm has died at 84.
“The United States can no longer turn a blind eye...”