Former Secretary of Agriculture Tom Vilsack became current secretary under the Biden Administration this week, returning to the job he held for eight years under President Obama. Secretary Vilsack was confirmed by the Senate on Tuesday, sworn in virtually by Vice President Harris on Wednesday, and held his first press call with reporters Thursday morning. The first issue Vilsack addressed …
Vilsack Addresses Plans for Biofuels
As Secretary of Agriculture during the entire Obama Administration, Tom Vilsack from Iowa was known to be a champion of biofuels. During his confirmation hearing before the Senate Agriculture Committee Tuesday, the former secretary pledged to continue his support of the industry – and make small refinery exemptions rare again. “The waiver system was designed for small refineries that were …
COVID Relief Bill Passes with Aid for Biofuels Producers
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 …
Biofuels Groups Pleased with Vilsack Nomination
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 …
McKinney: China Needs to Buy More Ethanol
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 …
Biodiesel Ready to Meet USDA Ag Innovation Goals
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 …
USDA Lowers Forecast for Corn and Soybeans
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 …
USDA Lowers Corn Use for Ethanol
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 …
USDA Announces New Biofuels Infrastructure Grants
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 …
Secretary Perdue Says Congress Must Approve Ethanol Aid
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 …