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 …
Delaro Fungicide Shows Yield Advantage in Corn, Soybeans
Bayer has released results from 500 DelaroTM field trials which took place in 20 states. Across two years of trials, Delaro averaged a 12 to 18 bushel-per-acre increase in corn and a four to five bushel-per-acre increase in soybeans compared to an untreated check. In these trials, Delaro had a 90 percent win rate over the untreated check. The recent …
Corn Growers Care About RINs
The vast majority of people know nothing and care less about Renewable Identification Numbers, or RINs, the multi-digit code created under the Renewable Fuel Standard (RFS) as a way to encourage refiners to blend more biofuels. But corn farmers both know and care what RINS are and why they are important. As U.S. Secretary of Agriculture Sonny Perdue took questions …
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 …
Industry News Briefs
It’s been a busy couple of weeks here and we have gotten behind on some industry news stories that we have wanted to post – so here are a few! Cyndee Smiley, formerly division marketing manager for Region 4 combines and front-end equipment, has been named media relations and communications manager for John Deere Ag & Turf Division for the …
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 …
New Coalition Advocates For NAFTA Preservation
More than 30 organizations have joined to form Americans for Farmers & Families (AFF), a coalition dedicated to preserving and modernizing the North American Free Trade Agreement (NAFTA) by educating political leaders about its importance to agriculture. The groups represent growers, refiners, producers, transporters, retailers and consumers, including major industry organizations such as American Farm Bureau, Corn Refiners Association, National …