A new Canadian policy could be a major boon for U.S. corn farmers and ethanol producers, creating new demand and market access north of the U.S. border, but only if the Canadian government can be convinced to change a couple of key provisions.
The Democratic Party’s draft 2020 platform calls for directing more farm subsidies to small and medium-size farms while making the agriculture sector the first in the first world to eliminate net carbon emissions.
E15, gasoline blended with 15% ethanol, saw modest growth over the last year as President Donald Trump's order to lift the ban on year-round sales approaches its one-year anniversary at the end of this week.
Ethanol producers are hopeful for an increase in year-round E15 gasoline sales after the Trump administration okayed its summertime sale, but consumer demand will likely be modest due to fears of litigation, a lack of blender pumps, and challenges posed by some state regulations.
President Donald Trump heads to Iowa this week to shore up his rural base and promote the U.S.-Mexico-Canada agreement, fresh from dropping a threat to impose new tariffs that farm groups and lawmakers feared could jeopardize congressional approval of the North American trade pact.
Ethanol industry groups welcomed the Environmental Protection Agency’s proposed rule that would allow for year-around sale of E15, but refiners were divided over accompanying proposals to reform the biofuel credit market.