Biofuels
ASA says it fully supports year-round E15 ethanol but says social media backlash stems from confusion over SREs in House bill language as the measure heads to a tougher Senate fight.
Agricultural commodities are getting attention as a hedge against inflation and a proxy for rising energy costs
Fresh analysis from FAPRI finds passage of year-round E15 would bring limited near-term gains to corn prices, while SRE changes would put pressure on farm income and negatively impact soybeans.
After passing the House 224-200, the farm bill is headed to the Senate, where SNAP funding could be another problematic topic.
The RFS Set 2 rule is projected to increase net farm income by $4 billion and create a $31 billion market for corn and soybean oil while supporting 100,000 new rural jobs.
The nation’s farm groups are pushing for increased demand through biofuels and trade.
The proposed rule sets up farmers to participate in the opportunity created by these biofuel producer tax credits, but questions remain.
Monte Shaw with the Iowa Renewable Fuels Association says the president’s direction to Congress could be the game changer to pass E15 legislation after a decade-long fight.
During his trip to Clive, Iowa, Trump reaffirms support for year-round E15, backing corn growers and ethanol, while announcing John Deere’s expansion of two new domestic production and distribution facilities.
The December Ag Economists’ Monthly Monitor shows the farm economy will likely stay strained into 2026. As crops face tight margins, biofuels policy — especially E15 and biomass-based diesel — could influence recovery.