ACE: COVID-19 Exposes Flaw in RFS Rulemaking

Cindy Zimmerman 1 Comment

The American Coalition for Ethanol is urging the Environmental Protection Agency (EPA) to address a shortcoming in the implementation of the Renewable Fuel Standard (RFS) which has been exposed with the recent nosedive in gasoline use as a result of COVID-19. ACE CEO Brian Jennings explains that the world is very different today compared to the end of December. “At …

ACE, Audio, EPA, Ethanol, Ethanol News

Farm Bureau Details COVID-19 Impact on Ethanol

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Agricultural commodity prices are taking big hits from the COVID-19 emergency, and one of the most hard hit sectors is ethanol, according to the American Farm Bureau Federation (AFBF). In the past month, dairy prices have dropped 26-36%, corn futures have dropped by 14%, soybean futures are down 8% and cotton futures have plummeted 31%. Hog futures are down by …

AFBF, Ag group, Audio, Distillers Grains, Ethanol, Ethanol News

RFA Economist Discusses Ethanol Production Declines

Cindy Zimmerman Leave a Comment

While the industry knew ethanol production was dropping due to coronavirus impacts on the transportation sector, the actual numbers from the Energy Information Administration for the week ending March 27 were sobering. A drop of more than 16 percent in a week to the lowest level in six and a half years. But Renewable Fuels Association (RFA) Chief Economist Scott …

Audio, corn, Ethanol, Ethanol News, RFA

Lower Ethanol Demand Could Impact Planting Decisions

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USDA’s 2020 Prospective Plantings report released Tuesday estimates planted acres for corn this year at 97.0 million acres, up 8 percent or 7.29 million acres from last year. But when farmers were surveyed a month ago, coronavirus had yet to have the impact it is now having on ethanol demand and prices thanks to a drastic cut in demand for …

Audio, corn, Ethanol, Ethanol News, RFA

Higher Corn and Soybean Acres Forecast

Cindy Zimmerman Leave a Comment

USDA’s 2020 Prospective Plantings report released Tuesday forecasts eight percent more corn acres this year compared to 2019 and ten percent more soybean acres. Corn planted area for all purposes in 2020 is estimated at 97.0 million acres, up 8 percent or 7.29 million acres from last year. Compared with last year, planted acreage is expected to be up or …

Audio, corn, Ethanol, Ethanol News, USDA

Senators Stress COVID-19 Relief for Agriculture

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Senator John Hoeven (R-ND) led a Senate colloquy Monday to outline the importance of supporting farmers, ranchers and rural America in legislation to provide relief from the impacts of COVID-19. Hoeven worked to include $50 billion in funding authority for the U.S. Department of Agriculture (USDA) as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Several senators …

Audio, Ethanol, Ethanol News, Farming, Government, livestock

Ethanol Report 3-23-20

Cindy Zimmerman

Coronavirus is making its presence felt in the ethanol industry. Many ethanol plants are on the verge of closing as margins have become non-existent with lower gas prices and declining demand for transportation fuel nationwide. In this episode of The Ethanol Report, we hear from Renewable Fuels Association Chief Economist Scott Richman about the price and demand picture, three ethanol …

Audio, Ethanol, Ethanol News, Ethanol Report, RFA

Coronavirus is Latest Threat to Ethanol Industry

Cindy Zimmerman

The impact that coronavirus is having on the energy markets is just the latest threat to the solvency of the U.S. ethanol industry, coming on top of weather, trade disputes and small refinery waivers that hurt producers last year. In a media conference call Thursday, Renewable Fuels Association leaders discussed the impact of these hits on ethanol producers and the …

Audio, Ethanol, Ethanol News, Renewable Fuels Association, RFA

Ethanol Report 3-16-20

Cindy Zimmerman

What a difference a month can make! A month ago, the ethanol industry was celebrating the 10th Circuit Court decision that would require EPA to severely limit its small refinery exemptions, and coronavirus was still a problem somewhere else. Last week, just as COVID-19 started to fully hit the fan here in the United States, the Trump Administration snatched defeat …

Audio, Ethanol, Ethanol News, Ethanol Report, NCGA, RFA

Farmers, Biofuel Producers Urge Trump to Support RFS

Cindy Zimmerman

Farmer leaders and biofuel producers from the Midwest today expressed their concerns about news that the Trump administration has reversed course and decided to side with oil companies in their court battle against biofuels. The debate centers around a unanimous court decision that would halt the Environmental Protection Agency’s (EPA) abuse of Small Refinery Exemptions (SREs) under the Renewable Fuel …

ASA, Audio, Biodiesel, biofuels, corn, EPA, Ethanol, Ethanol News, NCGA