The Renewable Fuels Association responded to a Reuters article published Thursday entitled “How U.S. regulators allow ethanol plants to pollute more than oil refineries.” The article states that “ethanol plants produce more than double the climate-damaging pollution, per gallon of fuel production capacity, than the nation’s oil refineries, according to a Reuters analysis of federal data” because the majority of …
ACE Explores Ethanol’s Expanding Role in Carbon Market
As Congress was passing sweeping legislation last week with provisions targeted on reducing greenhouse gas emissions, the American Coalition for Ethanol was holding its annual conference focused on ethanol’s role in turning down carbon intensity. ACE CEO Brian Jennings says the Inflation Reduction Act “recognizes the role farmers and biofuel producers can play in reducing greenhouse gas emissions and validates …
Bill Includes Farms and Biofuels for Climate Action
Farm and biofuel organizations are pleased with provisions included in the Inflation Reduction Act signed into law by President Biden Tuesday, including new funding to encourage agricultural conservation programs and advance biofuels. “Through this legislation, Congress and the administration recognize that farmers’ voluntary climate-smart agricultural practices are an important part of addressing climate change,” said Brooke Appleton, the National Corn …
USDA Forecasts Lower for Corn
USDA has lower forecasts this month for corn production, supplies, exports, and ending stocks. The August Crop Production report from USDA’s National Agricultural Statistics Service (NASS) estimates corn production down 5% from last year, forecast at 14.4 billion bushels while soybean growers are expected to increase their production by two percent from 2021 to 4.53 billion bushels. In this month’s …
Next Gen Fuels Act Introduced in Senate
Sens. Chuck Grassley (R-IA), Joni Ernst (R-IA), Amy Klobuchar (D-MN) and Tammy Duckworth (D-IL) joined together Tuesday to introduce the bipartisan and bicameral Next Generation Fuels Act, which aims to leverage higher-octane fuels to improve engine efficiency and performance. Allowing the sale of fuels with greater octane levels would increase the amount of ethanol that can be utilized in the …
Tech Hub LIVE Keynoter Offers Ag Economic Insights
Keynote speaker for the second annual Tech Hub LIVE last week was David Widmar, managing partner at Agricultural Economic Insights (AEI), who offered his insights on where we are in the farm economy production agriculture business cycle, some key demographic trends, and some key conversations to have with growers. Widmar says one of the main favorable factors in the current …
Corn Planted Acres Down Four Percent
Acres planted to corn are lower compared to last year while soybean acreage is a little higher, according to the Acreage report from USDA‘s National Agricultural Statistics Service (NASS). USDA estimates 89.9 million acres of corn planted in the United States for 2022, down 4% from last year. Soybean area planted is estimated at 88.3 million acres, up 1% from …
NCGA Podcast Busts Ethanol Myths
Renewable Fuels Association President and CEO Geoff Cooper joined National Corn Growers Association CEO Jon Doggett on his most recent podcast episode to help knock down some common misconceptions about ethanol. Not surprisingly, they are the same myths the industry has been fighting for decades – ethanol is bad for small engines, bad for the environment, costs too much energy …
Export Exchange is Back for 2022
The Renewable Fuels Association, U.S. Grains Council (USGC) and Growth Energy are pleased to open registration for the first Export Exchange since 2018, scheduled for October 12-14, 2022, in Minneapolis. The biennial event had to be cancelled due to COVID in 2020 and again in 2021 but this year the sponsoring organizations expect to bring together 200 international buyers and …
Panamanian Delegation Learns About US Ethanol
Panamanian stakeholders were in the United States last week to learn more about the economic and environmental benefits of implementing ethanol blend policies and to become familiar with the various aspects of the ethanol industry and the opportunities to complement local ethanol production with imports. Led by the U.S. Grains Council’s (USGC) Latin America regional ethanol consultants, Juan Diaz and …