As concerns began to grow late last week that the Trump Administration was leaning toward a cap on prices for Renewable Identification Numbers (RINs) to appease oil refinery interests, biofuel interests went into high gear to get the word out about how that action would devastate the Renewable Fuel Standard (RFS). A White House meeting was reportedly set for today …
Study Shows Impact of RIN Price Cap on Corn Prices
A new analysis from the Center for Agricultural and Rural Development (CARD) at Iowa State University shows that any action to artificially cap Renewable Identification Number (RIN) prices in exchange for a waiver allowing year-round sale of E15 would result in reduced ethanol consumption, a drop in corn prices, and an effective cut of 5% to the Renewable Fuel Standard …
Sen. Cruz Allows Bill Northey Confirmation
Bill Northey is at last free to take the job at USDA that he was nominated for almost six months ago after Sen. Ted Cruz (R-TX) lifted his hold on the nomination and allowed the confirmation Tuesday. The Senate confirmed Northey on a voice vote to become USDA’s undersecretary for farm production and conservation as Sens. Cruz, Pat Toomey (R-PA), …
Industry Groups Anxious About White House RFS Meeting
Biofuels and agricultural groups are anxiously awaiting the outcome of a meeting today between President Trump and four Republicans senators over the Renewable Fuel Standard (RFS) Trump will be meeting with Sens. Ted Cruz (R-TX) and Pat Toomey (R-PA), who want to see changes in the RFS to protect refiners, and Iowa Sens. Charles Grassley and Joni Ernst, who want …
RFA Honors Farmer Ron Alverson with Industry Award
During the 23rd Annual National Ethanol Conference (NEC), Ron Alverson, a farmer, founding member of the South Dakota Corn Growers Association, and board member of Dakota Ethanol LLC, was presented the Renewable Fuels Association’s (RFA) 2018 Industry Award. The award is given annually to individuals that demonstrate great dedication and innovation within the industry. For more than 40 years, Alverson …
State of the Industry – Ethanol Strong
The Reverend of Renewable Fuels took the stage at the 2018 National Ethanol Conference to give his annual State of the Ethanol Industry Address. Renewable Fuels Association (RFA) president and CEO Bob Dinneen said with confidence the state of U.S. ethanol is strong, because of the strong character of the people who call the ethanol community home. “I am more …
Tune in for State of Ethanol Industry Address
The annual “State of the Ethanol Industry” address by Renewable Fuels Association (RFA) president and CEO Bob Dinneen is coming up this morning at 8:15 am central time live from the 23rd National Ethanol Conference in San Antonio, Texas. The live feed will be on the AgWired Facebook page. We have been doing a live video stream of this address …
Ethanol Report on RFA Educational Efforts
The Renewable Fuels Association (RFA) is targeting boaters and future drivers in educational efforts for 2018 with the renewal of its co-title sponsorship of the Crappie Masters Tournament Trail, and the launch of an on-line Ethanol in the Classroom program. In this edition of The Ethanol Report podcast, RFA Vice President of Industry Relations Robert White talks about the importance …
Ethanol Powers Crappie Masters Tourney Again
The Renewable Fuels Association (RFA) is back on as a co-title sponsor of the Crappie Masters Tournament for the second consecutive year. The first of 18 tournaments for the 2018 trail begins Friday, Jan. 26 in Deland, Fla., between Daytona and Orlando, at St. Johns River. “We look forward to the continued education of the tournament Anglers, along with the …
Ethanol Report on 2017 Production
Ethanol production averaged over a million barrels per day (b/d) for 44 out of 52 weeks in 2017 which means another record year for the industry. And despite a very average growing season, corn yield for 2017 is estimated at a record high 176.6 bushels per acre, and production was only down four percent because farmers planted less acres. In …