The biofuel sector is celebrating a big milestone today with the 20th anniversary of the Renewable Fuel Standard. Over the past two decades, it has created a high-demand market for farmers while boosting American-made renewable fuels.
Geoff Cooper with the Renewable Fuels Association joined RFD-TV’s Suzanne Alexander to discuss an overview of the RFS, the main benefits we have seen from this policy, and its impact it has had on our farmers and rural communities.
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USDA reports higher corn use for ethanol and increased soybean processing compared with last year.
The setback leaves the 2018 Farm Bill operating under its third consecutive extension. That authorization expires September 30.
The Senate Agriculture Committee’s failure to advance the bill means negotiations will continue as lawmakers look for a path forward before the end of the year.
