Trump Tweets Good News for Biofuels Industry
Ethanol industry gets a win from Trump administration, but frustrated farmers argue the gesture falls short.
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Biofuels
COVID-19 May Cost Ethanol Industry $10 Billion
“At one point in late April, more than half of the ethanol industry’s production capacity was shut down,” said RFA CEO Geoff Cooper. “The idling of dozens of ethanol plants reverberated throughout rural America and sent ripple impacts across the farm economy.”
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Ethanol Industry Excluded from Farm Relief Package
USDA’s $19 billion aid plan doesn’t include any money for ethanol, despite an all-out push by the industry. Secretary Perdue said there simply wasn’t enough money to go around.
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Farmers Await White House Response on Biofuels Ruling
President Trump hopes to meet this week with the chiefs at USDA and EPA to decide whether to appeal a court decision that represented a victory for biofuel advocates.
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Comments Close on Biofuels Rule, NCGA Persists
The comment period closed last week on the EPA’s supplemental proposed rule for the 2020 biofuels blending mandate. The NCGA said the proposal would provide half of what President Trump committed to farm-state senators.
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Fine Print on Ethanol Proposal Disappoints
Details released last week as part of the Trump administration’s proposal to boost ethanol are getting low marks from corn farmers and ethanol advocates.
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Corn Growers React to EPA Refinery Waivers
President Trump said he will announce a plan to boost demand for biofuels after farmers reacted with outrage to an EPA decision that the NCGA said “sent shockwaves” through the industry.
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