Energy

President Donald Trump made the biggest pitch for year-round E15 since his first term, calling on Congress to include the pro-ethanol measure in a nearly $88 billion legislative package to fund a raft of items, including the Iran war and $11 billion in financial aid for farmers. Members of Clean Fuels Alliance America gathered on Capitol Hill this week to stress the need to pass legislation to expand biomass-based diesel use in ocean-going vessels. 

The Trump administration is asking Congress to package year-round E15, $11.1 billion in additional farmer aid and a hemp law framework in a nearly $90 billion spending package related to funding of the Iran war. 

Senate Agriculture Chairman John Boozman, R-Ark., is optimistic on the prospects for E15 and additional farmer aid to pass Congress. 

 As policy watchers await a draft farm bill from the Senate Agriculture Committee, lawmakers also need to focus on passing year-round E15, weighing in on California’s Proposition 12, and getting more economic aid into the hands of crop growers, American Farm Bureau Federation’s John Newton says. The Trump administration’s record-high biofuel-blending rules are a clear economic win for rural America, says Clean Fuels Alliance America CEO Donnell Rehagen.

Key nitrogen fertilizer prices are falling as the world waits to see if a preliminary U.S.-Iran peace deal will hold. Even in the best-case scenario, it will take time to get facilities back up and fully running, says Bloomberg Intelligence analyst Alexis Maxwell. 

Sustainable aviation fuel is widely hailed by corn, soybean and ethanol groups as a future boon to the ag industry, but a raft of policy and market challenges must be overcome. 

Demand for major U.S. crops like corn is waning while harvests get bigger, creating an urgent need to develop new new biofuel markets for American agriculture producers, a new study says.

President Donald Trump announced a “deal” with Iran Sunday involving the reopening of the Strait of Hormuz. Circularity Fuels says it has completed the world’s first end-to-end conversion of raw agricultural biogas into sustainable aviation fuel, putting the California startup closer to making SAF at a cost rivaling standard jet fuel.

Beef prices fell but energy prices rose, helping lead to a 0.5% rise in inflation in May and a 4.2% 12-month increase that is the largest jump in three years.