Senate Votes to End Ethanol Blenders Tax Credit

Cindy Zimmerman

An amendment to end the ethanol blenders tax credit (VEETC) passed the Senate today by 73 to 27, a vote that some agricultural groups applaud while some denounce, while the ethanol industry says it is unlikely to matter. “Today the Senate voted against rural America and domestic, renewable energy, and in favor of more foreign oil,” said National Corn Growers …

Beef, Corn, Ethanol, Government, Growth Energy, NCBA, NCGA

Marquis Energy Sees Great NASCAR Ethanol Opportunity

Chuck Zimmerman

The President of Marquis Energy is Mark Marquis, seen here introducing NASCAR driver Kenny Wallace to the crowd attending yesterday’s event held at the Hennepin ethanol plant. I spoke with Mark and learned that Marquis Energy is a real family type business that he had built after growing up on a family farm in this area and branching out into …

Audio, Corn, Ethanol, Growth Energy, NASCAR, NCGA, Video

State of the Union Talks Trade and Biofuels

Cindy Zimmerman

President Obama made some folks in the ag industry happy with his State of the Union (SOTU) address Tuesday talking about the importance of both biofuels and free trade agreements. Corn farmers and representatives of the renewable fuels industry were especially pleased to hear the president say that America needs to “break our dependence on oil with biofuels.” “The success …

Corn, Ethanol, Government, Growth Energy, NCBA, NCGA, RFA

Obama Signs Bill Giving Death Tax Relief

Cindy Zimmerman

President Obama held a public signing ceremony for the tax bill passed by Congress this week that delivers early Christmas presents for everyone, giving farmers and ranchers good reason to be thankful this holiday season. Securing meaningful estate tax reform for farm and ranch families has been a top priority for the American Farm Bureau Federation. “We commend President Obama …

AFBF, Biodiesel, Biofuels, Corn, Ethanol, Government, Growth Energy, NCBA, NCGA, RFA

American Ethanol Will Power NASCAR

Chuck Zimmerman

NASCAR is in the middle of making an announcement of a “major long-term partnership with American Ethanol which is being led by Growth Energy. You can see a video that was just published below. I hope to have some audio from the announcement added after the official public announcement which is taking place in Las Vegas as of this posting. …

Ag Group, Ethanol, Growth Energy, NCGA, Video

Former Congressman Named Growth Energy President

Cindy Zimmerman

Growth Energy has announced former congressman Jim Nussle as new president and chief operating officer of the ethanol organization, effective November 1. Jim Nussle (pictured on the left with Growth CEO Tom Buis) is a former eight-term Congressman from Iowa and served as Director of the Office of Management and Budget under President George W. Bush. He has served on …

Audio, Ethanol, Growth Energy

Limited E15 Waiver Approval Fosters Mixed Emotions

Joanna Schroeder

The agriculture and ethanol industries responded favorably to the EPA’s decision to approve the voluntary use of E15 in cars manufactured in 2007 or later. The increase in ethanol blended into gasoline fuels could help the ethanol industry have a home for another 4-5 billion gallons per year. Last year, Growth Energy filed the E15 Waiver and after several delays, …

AFBF, Ethanol, Growth Energy, NCBA, NCGA, RFA

Success of Ethanol Important for Corn Farmers

Joanna Schroeder

“We need ethanol to be able to use up the excess corn,” began Iowa Ag Secretary Bill Northey during a press conference at the Farm Progress Show hosted by Growth Energy. “That’s what started ethanol in the 1980s. Farmers said we’re tired of $1.50, $1.30 corn prices and we’re going to build an industry to use of some of the …

Audio, Corn, Ethanol, Farm Progress Show, Farm Shows, Growth Energy

Why Agriculture Needs Corn Ethanol to Survive

Joanna Schroeder

“If you really look at whose behind the ethanol industry, it’s the American agricultural industry,” said Steve McNich, CEO of Western Plains Energy based in Oakley, Kansas. “There’s no better example at working your way out of a market than the American farmers. The history of the American farmer is that if there is ever an opportunity to make money, …

Agribusiness, Audio, Corn, Ethanol, Growth Energy