Renewable Fuels Month in Nebraska is normally held in May as a kick-off to the summer driving season. However, due to COVID-19 concerns, Renewable Fuels Month was postponed and is now being celebrated this month. To help promote locally-produced biofuels, such as ethanol and biodiesel, Nebraska Gov. Pete Ricketts recently declared June as Renewable Fuels Month. Since 2006, the acting …
USDA Report Calls for Increased Ethanol Output
The May World Agricultural Supply and Demand Estimate out from USDA this week is forecasting record high production and domestic use, greater exports, and larger ending stocks for corn. The corn crop is projected at a record 16.0 billion bushels, up from last year on increased area and a return to trend yield. The yield projection of 178.5 bushels per …
Ag and Biofuel Groups Ask Congress for COVID-19 Relief
America’s top biofuel and farm advocates are calling on Congress to ensure the next round of COVID-19 relief includes U.S. ethanol and biodiesel production. A joint letter to House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell was signed by the Renewable Fuels Association, Growth Energy, the National Biodiesel Board, the American Farm Bureau Federation, the National Corn Growers …
Analysis Shows U.S. Agriculture Reducing Emissions
American agriculture is more environmentally sustainably than ever. A new analysis of updated data from both USDA and EPA shows U.S. farmers and ranchers continue to reduce per-unit greenhouse gas emissions. All told, the U.S. agricultural sector accounts for less than 10% of total U.S. emissions. That’s less than the emissions from the transportation, electricity generation and industrial sectors. Globally, …
President Trump Says Help for Farmers Coming Soon
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 …