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 It just kind of clears out some of the outdated regulations that prevent retailers from offering unleaded 88 to drivers.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.
Having a good read on fuel prices is a must during harvest, but one analyst says grain farmers should also be watching the crude oil markets.
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National Farmers Union (NFU) President Rob Larew discusses the urgent need for aid as farm families face mounting input costs and long-term market uncertainty.
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The new antitrust agreement between the Department of Justice (DOJ) and the U.S. Department of Agriculture (USDA) aims to enforce antitrust laws and monitor market activity across the ag sector.
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Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
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Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
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Record crops are increasing grain storage needs, prompting safety experts to remind producers of the risk of grain bin entrapment during harvest.
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