President Trump announcing that he supports approval for year-round consumer access to E15, a high-octane fuel composed of 15 percent ethanol, 85 percent gasoline. This is the outcome the renewable fuels and production ag industry has been hoping and advocating for with a lot of hard work and effort being put in along the way. The Iowa Corn Growers Association issuing a statement, and here is part of what it says:
"The Iowa Corn Growers Association (ICGA) thanks U.S. Senators Chuck Grassley and Joni Ernst as well as Iowa Governor Kim Reynolds for their unwavering support for creating a path for E15 full availability especially during the White House discussions this week. We also thank President Trump for his public support of year-round E15 sales that will provide consumers greater access to lower-cost, cleaner-burning fuel at the pump.
However, our work in defending the Renewable Fuel Standard (RFS) is still not done. We continue to work with the President and our elected leaders to protect the integrity and intent of the RFS from potentially damaging RIN price cap proposals and small refinery exemptions. Iowa farmers will continue to stand up for their farms and support the biofuels industries that have kept our communities in rural America alive and thriving.
For Iowa’s corn farmers, ethanol remains our top market. By allowing year-round E15 sales, we will increase demand for corn and provide homegrown fuels to consumers supporting our state.
As a nation, we should be doubling down on our need for reliable, homegrown biofuels not blocking their market access. Maintaining a strong Renewable Fuel Standard and year-round sales of E15 keeps Iowa’s ethanol industry viable and provides a key market for our corn going strong."
We'll have more on today's Big Show here: