Email Us! Facebook Facebook You Tube Join Now
(309) 663-6497

Tag Archives: RFS

RFS IMPACT

“The demand for corn for ethanol production appears to be on solid footing for the next 18 months,” says U of I economist Darrel Good. “While growth may be limited, a setback is not expected,” he says.

Posted in Agriculture News | Also tagged , , | Comments closed

RFS TARGETS

U.S. regulators unveiled much-anticipated targets for the blending of renewable fuels into motor fuel for the three years to 2016, proposing some 17.4 billion gallons of renewable fuels must be used in gasoline or diesel next year. Market observers see little impact on corn prices from today’s action.  Check out FarmWeekNow.com for details.

Posted in Agriculture News | Also tagged , , , | Comments closed

RFS UPDATE

Prices of U.S. renewable fuel credits for compliance with the government’s biofuels program dropped Thursday, as the market quieted by political uncertainty showed its first signs of life in months ahead of a government proposal on use requirements.

Posted in Agriculture News | Also tagged , | Comments closed

RFS EDITORIAL

USA Today editorial says the Renewable Fuel Standard should be ended. The newspaper says RFS is a mandate that Americans put billions of gallons of corn-based ethanol into their gas tanks each year even though they don’t want it and it makes no practical sense.

Posted in Agriculture News | Also tagged , , , | Comments closed

IOWA SUMMIT

Nine GOP presidential hopefuls were asked a number of agricultural related questions at the first Iowa Ag Summit on Saturday. Each potential candidate was asked specifically where they stand on the Renewable Fuel Standard.

Posted in Agriculture News | Also tagged , , , , , | Comments closed

COMMODITY CLASSIC

American Soybean Association President Wade Cowan said the group will become a more aggressive organization and work more closely with other farm groups to push for trade policy and regulatory influence. On the heels of more legislation introduced to repeal the corn ethanol mandate in the Renewable Fuels Standard, a panel of National Corn Growers Association… read more

Posted in Agriculture News | Also tagged , , , , , | Comments closed

ETHANOL UPDATE

Rep. Bob Goodlatte, R-Va., introduced two bills Wednesday. One would eliminate the Renewable Fuel Standard altogether, and a second would cap corn ethanol’s market at 10%.

Posted in Agriculture News | Also tagged , , | Comments closed

RFS REPORT

Responding to the fact that “some policymakers have proposed repealing or revising the Renewable Fuel Standard” which requires blending biofuels with gasoline, the nonpartisan Congressional Budget Office (CBO) reported Tuesday that it could be difficult to comply with the steadily increasing ethanol volumes which the law mandates.

Posted in Agriculture News | Also tagged , , , | Comments closed

RFS DECISION

Agriculture Secretary Tom Vilsack tell Agri-Pulse this week he expects blending requirements in the Renewable Fuel Standard will end up being raised from the EPA’s draft proposal for 2014, but he cautioned those in the ethanol industry not to focus too much on the numbers.

Posted in Agriculture News | Also tagged , , , | Comments closed

LEADERS TO DC

After meeting with members of the Illinois Farm Bureau, U.S. Senator Dick Durbin has reiterated his serious concerns regarding the Environmental Protection Agency (EPA) proposal to limit the size of the Renewable Fuel Standard (RFS). In a letter to OMB Director Shaun Donovan, Durbin urged the agency to thoroughly review the proposal, and work toward… read more

Posted in Agriculture News | Also tagged , , , , | Comments closed