Legislation was filed recently to make E15 available all year long, coast to coast.
The National Corn Growers Association says they are optimistic this time around.
“Over 98% of all gasoline in the United States has 10% ethanol in it right now. So everybody’s using it. We’re asking to go up to 15% year round. Instead of this hodgepodge that we’ve had of summertime waivers, of being able to use E15 during the summer, we have E15 during the winter, but we don’t have it year round,” said Troy Schneider.
Schneider says the ethanol industry puts in around 15 billion gallons of fuel to the U.S. each year. He says year-round E15 sales would come to an additional 2.3 billion gallons every year.
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Tariffs are pushing up input costs, with fertilizer prices rising $100 per ton and machinery costs climbing due to steel and parts duties.
Year-round sales of E-15 are another major topic on Capitol Hill, which, according to Rep. Adrian Smith (R-NE), is one issue up for debate this session with significant bipartisan support.
Lawmakers have until September 30 to shore up federal spending for next year, or risk a government shutdown. The Farm Bill is also set to expire the same day.
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
