COVID Relief Bill Passes with Aid for Biofuels Producers

Cindy Zimmerman Leave a Comment

Agricultural and biofuels groups as well as farm state lawmakers are pleased that the new COVID relief package passed by Congress last night includes help for producers excluded from previous aid legislation. Sen. John Thune (R-SD) says relief includes the Paycheck Protection Program for Producers Act. “The bill also includes funding to allow the Department of Agriculture to provide additional …

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Biofuels Groups Pleased with Vilsack Nomination

Cindy Zimmerman Leave a Comment

Tom Vilsack has officially been nominated to serve as Secretary of Agriculture in the Biden Administration, reprising the role he held under President Obama for eight years, and the biofuels industry is quite happy with that decision. Renewable Fuels Association President and CEO Geoff Cooper says Vilsack is an excellent choice. “We are especially happy to have someone in the …

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McKinney: China Needs to Buy More Ethanol

Cindy Zimmerman

China is lagging behind in its purchases of energy products under the Phase One agreement, but USDA Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney says they could get there with more ethanol and distillers grains (DDGs). During a virtual appearance at the Agricultural Retailers Association (ARA) annual conference this week, McKinney updated attendees on ag trade with …

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Biodiesel Ready to Meet USDA Ag Innovation Goals

Cindy Zimmerman

Biodiesel is ready now to meet the goals of the Agriculture Innovation Agenda. That was the message that the National Biodiesel Board gave to the U.S. Department of Agriculture (USDA) in comments last week on “’ready to go’ technologies, practices, and management approaches to benefit farmers, consumers, and the environment.” NBB Vice President of Federal Affairs Kurt Kovarik wrote in …

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USDA Lowers Forecast for Corn and Soybeans

Cindy Zimmerman

The November World Agricultural Supply and Demand Estimates from USDA show lower forecasts for domestic production of both corn and soybeans. This month’s 2020/21 U.S. corn outlook is for lower production, reduced feed and residual use, larger exports, and smaller ending stocks. Corn production is forecast at 14.507 billion bushels, down 215 million with a reduction in yield to 175.8 …

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USDA Lowers Corn Use for Ethanol

Cindy Zimmerman

USDA is now forecasting a slightly smaller corn crop compared to last month’s estimate, but still higher than last year. According to the National Agricultural Statistics Service (NASS) October Crop Production report, corn production for grain is now forecast at 14.7 billion bushels, down 1 percent from the previous forecast but up 8 percent from 2019. Based on conditions as …

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USDA Announces New Biofuels Infrastructure Grants

Cindy Zimmerman

USDA Secretary Sonny Perdue was in Albert Lea, Minnesota on Thursday to announce $22 million out of the up to $100 million in grants available to increase American ethanol and biodiesel sales under the Higher Blends Infrastructure Incentive Program (HBIIP) to recipients in 14 states. The initial $22 million in HBIIP investments are projected to increase ethanol demand by nearly …

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Secretary Perdue Says Congress Must Approve Ethanol Aid

Cindy Zimmerman

Despite estimates that ethanol producers could lose up to $8 billion this year, U.S. Secretary of Agriculture Sonny Perdue says he has no authority to make payments to plants through the Commodity Credit Corporation under the latest round of the Coronavirus Food Assistance Program (CFAP 2). The secretary confirmed that he believes Congress has to approve any aid for ethanol …

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USDA Undersecretary Censky to Return to ASA

Cindy Zimmerman

USDA Undersecretary Steve Censky gave one of his last addresses in his current role to the American Coalition for Ethanol virtual annual conference this week. It was announced this morning that Censky will be returning to his former job as CEO of the American Soybean Association in November as after serving with USDA since October 2017. In his prerecorded remarks …

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Corn Use for Ethanol Estimate Lowered

Cindy Zimmerman

The August derecho that charged across the Midwest has taken its toll on the latest crop estimates in USDA’s September World Agricultural Supply and Demand report. Corn production is forecast at 14.9 billion bushels, down 378 million from last month on a lower yield forecast and reduction in harvested area. Corn supplies are reduced from last month, as a smaller …

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