On his first day in office, President Donald Trump took the unprecedented step of declaring an energy emergency, which included year-round sales of E15.
Geoff Cooper with the Renewable Fuels Association says it is a promising move.
“Just encouraged that they’re keeping a close eye on the situation,” Cooper said. “It was great to hear that the new Trump team will be prepared to issue emergency waivers come summertime, if they need to, to allow continued sales of E15. Obviously, that’s important to us because E15 is a growing market for ethanol, which means it’s helping to support demand for corn, but it’s also providing consumers a lower-cost option at the pump, which of course is good for everybody.”
Related Stories
Iowa Congressman Randy Feenstra says the proposal would allow retailers to decide whether they want to offer E15 year-round.
Lewis Williamson with HTS Commodities discusses late-season planting progress, market fundamentals heading into summer, and the influence of biofuel policy on grain demand.
Tariffs on combines, harvesters, and some farm equipment will be reduced to 15% until 2028.
Corn exports are strengthening the trade outlook, but lower soybean movement and weaker demand from China remain major concerns.