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Tuesday, September 4, 2018

USDA's Perdue Signals Announcement Coming This Week on E15

Perdue at the Farm Progress Show in Boone, Iowa, indicated some legal issues and regulatory “hiccups” remain in implementing year-round sales. But he said, “this is what (President Trump) wants to do and he doesn’t give executive suggestions, he gives executive orders so we’re going to get it done.”Monte Shaw of the Iowa Renewable Fuels Association said the Trump administration has an immediate opportunity to help farmers by implementing the E15 ethanol directive and closing exemptions to the Renewable Fuel Standard that would bump up the price of corn.Kevin Skunes, president of the National Corn Growers Assn., said 2.5 billion gallons of ethanol demand have been waived over the last six to seven months, and the group believes refiners have already received delivery of their package. “It’s time for the administration to deliver to us and allow E15 to be sold all year-round,” Skunes said. Skunes noted that if the Environmental Protection Agency would stop issuing waivers to small refineries and instead provide a Reid vapor pressure waiver to allow for the year-round E15 use, it would go a long way in the corn marketplace.