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Thursday, September 13, 2018
Farm Groups Again Call for Year-round E15
Farm groups penned a letter to President Trump Wednesday urging the administration to allow E15 sales year-round. The groups also expressed concern that any benefit from year-round E15 sales and proper implementation of the Renewable Fuel Standard could be nullified if refiners are given further regulatory bailouts that undercut the spirit and intent of the law. The letter follows comments made by Agriculture Secretary Sonny Perdue last month at the Farm Progress Show that an announcement on the RFS and E15 would be coming soon. The letter also notes that ethanol prices, RIN credit prices, and ethanol profit margins are falling, as small refiner exemptions issued by EPA have reduced ethanol demand and inflated stocks. The letter was signed by the American Farm Bureau Federation, National Corn Growers Association, National Farmers Union, National Sorghum Producers, American Coalition for Ethanol, Growth Energy, and the Renewable Fuels Association.