NCGA: Year-round sales E15 sales would boost the farm economy

The latest continuing resolution to keep the government open does not include plans for year-round sales of E15. Corn growers say those sales coulf offer a big boost to a suffering farm economy.

Every one percent increase in the blend rate equates to about 500 million bushels of corn. It is not a mandate at all. It just kind of clears out some of the outdated regulations that prevent retailers from offering unleaded 88 to drivers. So, we believe that when given the choice, you pull up to the pump and you see something that is 20 to 25 percent cheaper than regular fuel, you’re probably going to pick E15,” said Neil Caskey, National Corn Growers Association CEO.

The ethanol industry adds around 15 billion gallons to the U.S. fuel supply each year. NCGA says the addition of year-round E15 sales would amount to 2.3 billion gallons more.

LATEST STORIES BY THIS AUTHOR:

Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
Let’s meet an inspiring young farmer leading the Tennessee FFA this year, but now has his sights set on the National stage.
Cindy Kovar with AgriSafe joined us on Monday’s Market Day Report to talk about road safety and agriculture as we age.
USMEF CEO Dan Halstrom joined us on Monday’s Market Day Report for his analysis on the U.S.-Taiwan trade agreement, which includes big bucks for U.S. Beef.