During the daily White House Coronavirus Task Force briefing on Thursday, President Donald Trump said help for hurting farmers is coming soon. “We have money going out to our farmers in the pretty near future,” said President Trump. “The farmers got hurt very badly by all of this. People are eating less from the standpoint that there’s no restaurants that …
USDA Lowers Corn for Ethanol Outlook
COVID-19 took its toll on the April World Agricultural Supply and Demand Estimates released Thursday, especially for corn and soybeans. This month’s 2019/20 U.S. corn outlook is for reduced imports, greater feed and residual use, lower food, seed, and industrial use, and larger stocks. Feed and residual use is raised 150 million bushels to 5.675 billion. This is based on …
RFA Economist Discusses Ethanol Production Declines
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 …
Lower Ethanol Demand Could Impact Planting Decisions
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 …
Higher Corn and Soybean Acres Forecast
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 …
Administration Will Not Appeal Tenth Circuit SRE Ruling
Biofuels stakeholders are celebrating some good news today with word that the Trump administration had made the decision not to request a rehearing of the recent unanimous ruling by the U.S. Court of Appeals for the Tenth Circuit that the EPA had “vastly exceeded its authority in granting exemptions from 2016 and 2017 RFS requirements to three refineries.” The challenge …
Coalition Launches Drop the Appeal Campaign
The Trump Administration needs to make a decision by March 23 whether to appeal the unanimous 10th Circuit Court decision against the EPA’s small refinery exemption program, and the coalition that brought the case has launched a new social media campaign urging the administration to drop the appeal. The coalition, made up of the Renewable Fuels Association, National Corn Growers …
Farmers, Biofuel Producers Urge Trump to Support RFS
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 …
Ethanol Case Groups Disappointed in Appeal Extension
The four organizations involved in the case against the Environmental Protection Agency over granting of small refinery exemptions under the Renewable Fuel Standard (RFS) are disappointed the Trump Administration has been granted more time to consider an appeal of the court decision siding with the plaintiffs. The petitioners in the case—the Renewable Fuels Association, National Corn Growers Association, American Coalition …
NCGA President Filled With Ethanol Pride
National Corn Growers Association (NCGA) president and Iowa farmer Kevin Ross had the chance last week to attend the National Ethanol Conference and celebrate recent wins with the industry, like the recent Tenth Circuit court decision. “Just a fabulous result for us and everybody in the industry,” said Ross during an interview last week at the National Ethanol Conference. “And …