In this episode of The Ethanol Report, we cover a number of different topics on the ethanol front. First, we head to South Dakota for the 80th Sturgis Motorcycle Rally, where the Renewable Fuels Association once again provided free fuel and ethanol education for bikers, with the new addition of ethanol-based hand sanitizer as a giveaway. RFA’s Robert White, former …
President Considering Reciprocal Tariffs on Brazil Ethanol
President Donald Trump was asked about efforts to lower or eliminate Brazil’s tariffs on U.S. ethanol during a press conference this week. “I think that as far as Brazil is concerned, if they do tariffs, we have to have an equalization of tariffs,” President Trump responded. “It’s called reciprocal tariffs and you may be seeing something on that very soon.”
EPA Reviewing RFS Gap Year Waiver Requests
During a visit to Wisconsin this week, Environmental Protection Agency Administrator Andrew Wheeler was once again questioned about the status of so-called “gap year” waiver requests from refineries asking for relief from their Renewable Fuel Standard obligations from previous years. Because the petitions go back as much as eight years, Wheeler said he is not sure how long it will …
RFA Promoting Ethanol at 80th Sturgis Rally
The 80th annual Sturgis Motorcycle Rally gets underway in South Dakota this weekend, and the Renewable Fuels Association will be setting up once again at the legendary Buffalo Chip Campground to spread the good news about ethanol and motorcycles. RFA will again host Free Fuel Happy Hours at the rally, providing a free tank of 93 octane E10 (10% ethanol) …
Ethanol Celebrates 15th Anniversary of the RFS
The Renewable Fuels Association (RFA) commemorated the 15th anniversary of President George W. Bush’s signing of the Energy Policy Act of 2005, which created the Renewable Fuel Standard, by releasing a new report detailing how the policy has driven innovation in the ethanol industry to benefit the nation. President Bush signed the act August 8, 2005. Link to report RFA …
Ethanol Report 7-31-20
Ethanol exports have taken a hit this year due to the pandemic, but there are still reasons to be optimistic about this important market for the industry. In this episode of The Ethanol Report, we hear from Renewable Fuels Association (RFA) General Counsel Ed Hubbard, who doubles as the organizations international trade expert. We also learn about a new program …
AgTalks Kicks Off Town Hall Series
Iowa and national ag commodity leaders kicked off the first in a series of AgTalks virtual town hall meetings to discuss the future of agriculture, with a focus on trade and supply chains. Future meetings will be held over the next few weeks in Minnesota, Wisconsin, Michigan and Pennsylvania. The AgTalks initiative is sponsored by Farmers for Free Trade, the …
Ethanol Report 7-15-20
U.S. ethanol production is slowly clawing its way upward to more normal levels after reaching record lows in April, but it remains significantly lower than a year ago and the industry is hoping Congress will soon get a new stimulus bill passed to provide some aid. Meanwhile, the Environmental Protection Agency is not making decisions on important ethanol issues, such …
EPA Administrator Gives Update on Retroactive SREs
EPA Administrator Andrew Wheeler said Wednesday that the agency will not be making an announcement on proposed 2021 Renewable Volume Obligations this week. Last year the 2020 RVO proposal was announced on July 5. Wheeler also provided an update on the status of the 52 requests for retroactive waivers from blending obligations in previous years during a press call July …
Ethanol Report 6-25-20
Ethanol production is slowly coming back now after reaching record lows due to coronavirus restrictions that took a toll on transportation fuel consumption. But recovery is still a long way off and the uncertainty posed by the threat of EPA granting more small refinery exemptions is making it even more difficult. The Congressional Biofuels Caucus is doing all it can …
Biofuels Caucus Discusses Ethanol Industry Challenges
Members of the Congressional Biofuels Caucus held a virtual town hall Wednesday to discuss the challenges currently facing the ethanol industry and what can be done to help. Participating in the meeting were caucus members including Reps. Collin Peterson (D-MN), Roger Marshall (R-KS), Dave Loebsack (D-IA), and Rodney Davis (R-IL) as well as ethanol and agricultural group leaders. House Agriculture …
RFA Calls on President to Reject Refinery Waivers
Renewable Fuels Association president and CEO Geoff Cooper penned a letter to President Donald Trump June 11 on the anniversary of his appearance at an Iowa ethanol plant calling on him to reject attempts to grant the oil industry more waivers from renewable fuel obligations. “One year ago today, you visited Southwest Iowa Renewable Energy in Council Bluffs to join …
COVID Cuts Revenue Prospects for Corn Crop
A new analysis from the National Corn Growers Association (NCGA) is projecting a drastic drop in 2020 revenues as a result of the COVID-19 pandemic with impacts persisting into 2021. NCGA President Kevin Ross says the latest analysis projects a $59 per acre average revenue decline for the 2019 corn crop and an $89 per acre average revenue decline for …
Ethanol Report 6-11-20
One year after President Trump visited Southwest Iowa Renewable Energy (SIRE) to celebrate allowing E15 to be sold in the summer months, the ethanol industry is facing its toughest year ever, despite the fact that sales of E15 have indeed increased significantly. In this edition of the Ethanol Report podcast, we take a look back at President Trump’s visit and …
President Trump at Iowa Ethanol Plant – One Year Later
One year ago on June 11, 2019, President Donald Trump made a victorious visit to Southwest Iowa Renewable Energy (SIRE) ethanol plant in Council Bluffs, Iowa, to celebrate regulatory changes that would finally allow year-round retail sales of 15% ethanol (E15). At the event, the President also heard from farmers and ethanol industry leaders about the devastating impact of RFS …