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.”
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Overall, the report suggests a shift toward more comfortable supply levels, with demand emerging as a key factor to watch in the months ahead.
Lower shipping costs favor corn, while soybeans face pressure.
