Fuel ethanol remains a significant market for the growing corn supply, and KyCGA works to ensure this market remains strong for our growers. When corn prices were low, our farmers found it difficult to cover their expenses. They worked very hard to grow the ethanol market to utilize the rising corn supply, a true American success story.
Corn prices are now robust, more money is entering rural America, and the result of our farmers' prosperity is nourishing our local communities. The next generation of corn farmers has a bright future, a future that is dependent upon maintaining a strong renewable fuels market.
Even among the production challenges of weather and pests, corn farmers continue to produce enough corn for livestock feed, food, and clean-burning, American Ethanol.
Check out our Ethanol Resources page.
(June 7, 2017) WASHINGTON- More than a decade after the original renewable fuel standard (RFS) was signed into law, tremendous progress has been made toward its goals of energy security, clean air and boosting local economies, according to a new analysis by the Renewable Fuels Association, “RFS Impacts: By the Numbers.” The analysis comes as EPA is expected to soon issue its proposed 2018 renewable volume obligations (RVOs) under the RFS.
Congress adopted the RFS in 2005 and expanded it in 2007. The program requires oil companies to blend increasing volumes of renewable fuels with gasoline and diesel, culminating with 36 billion gallons in 2022.
“The data show that by any objective measure, the RFS has been a tremendous success,” according to the analysis, which looks at data on how the world has changed since adoption of the RFS. Specifically, the analysis compares key data points and indicators from 2005 and 2007 to data from 2016.
Among the highlights:
Meanwhile, the negative outcomes that opponents of the RFS suggested would occur simply have not materialized:
“As this analysis clearly shows, the RFS has made a huge impact on consumers, providing them with greater choice at the pump, while cleaning the air and boosting local economies,” said RFA President and CEO Bob Dinneen. “With EPA expected to propose its 2018 RFS obligations in the near future, the agency needs to look no further than this document for what impact this vital program has had on our nation. We look forward to EPA continuing to implement a strong RFS to ensure future growth for our industry and the positive impact it has throughout all sectors of our economy.”
The full analysis is available here.
(April 24, 2017) Gasoline consumed in the United States in 2016 contained more than 10 percent ethanol on average for the first time ever, according to an analysis of U.S. Energy Information Administration (EIA) data released last week by the Renewable Fuels Association (RFA). The EIA data dispels the myth that 10 percent is the marketplace limit for ethanol content in U.S. gasoline, and demonstrates that the so-called “blend wall” is not a real constraint on ethanol consumption.
According to EIA data, finished motor gasoline consumption totaled 143.367 billion gallons in 2016. That volume of gasoline contained 14.399 billion gallons of ethanol, meaning the average ethanol content of gasoline consumed in 2016 was 10.04 percent. According to the RFA report, the data “...further underscore that statutory Renewable Fuel Standard (RFS) blending obligations in excess of the 10.0% level can be readily satisfied by the marketplace.”
The E15 station count and projections are also growing at unprecedented levels:
Retailers and convenience store chains adding E15 to their portfolio of fuel offerings are increasing as well. Furthermore, when pumps are activated, based on the conversations we have had, sales data are consistently strong.
"This achievement is the result of many years of collaboration between the nation's corn growers and ethanol groups," said KyCorn Promotion Council Chairman Philip McCoun. "We have been investing checkoff funds in infrastructure and awareness in Kentucky for several years, as well as invested in national promotion efforts. The programs are working. Breaking 10 percent nationally is a huge accomplishment, and the trend line looks really good for us."
View the Blend Wall Report.
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