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 It just kind of clears out some of the outdated regulations that prevent retailers from offering unleaded 88 to drivers.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.

Related Stories
Predator pressure and public lands policy were front and center at CattleCon.
Dr. Peter Beetham, interim CEO of Cibus, joined us to discuss the status of EU gene-editing deregulation and its potential implications for agriculture.
Representative Henry Cuellar (D-TX), who sits on the U.S. House Appropriations Committee, spoke exclusively with RFD NEWS about what Congress is doing to address screwworm concerns, including funding for a sterile fly production facility in Mexico.
HHS Secretary Robert Kennedy calls on cattle producers to retain breeding cows while Ivomec receives emergency authorization to prevent New World screwworm.
The House Agriculture Committee is set to debate a new, “skinny” Farm Bill at the end of February, according to a release from Committee Chairman Rep. Glenn “GT” Thompson.
Regulatory uncertainty could slow the growth of fiber and grain hemp unless implementation is delayed.

LATEST STORIES BY THIS AUTHOR:

Traders say that shift could eventually prompt the USDA to scale back soybean export projections, noting the outlook differs greatly for other grain commodities.
The federal government’s status is far from the only factor moving the markets on Friday. Two critical reports released today on producer inflation and the status of the U.S. cattle herd are also top of mind.
Brent Graves of StockShowAuctions.com takes us to Grayson County to see the damage from a historic winter ice storm and what it will take to rebuild.
UT Extension also offers tips to help consumers stretch their grocery budgets, including meal planning, sticking to a shopping list, and choosing store or generic brands.
Sen. Amy Klobuchar has four years remaining in her Senate term and could decide to continue serving in that role while campaigning for Governor of Minnesota.