McLean County Farm Bureau

TRUMP IMPEACHMENT FIGHT HURTING MARKET FOR BIOFUEL CREDITS –

The impeachment inquiry into President Donald Trump is reverberating in the market for biofuel credits as his fight against Democrats is likely to take precedence over the “giant package” for ethanol and farmers he promised in late August. Trump and top administration officials had spent weeks trying to develop a plan for advancing biofuel and appeasing agricultural interests, without alienating oil companies. Even before the impeachment inquiry, there were signs that Trump was increasingly frustrated in trying to find a middle ground between oil and agriculture. (Bloomberg)