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.
(July 5, 2017) The Environmental Protection Agency (EPA) released its proposed Renewable Fuel Standard (RFS) renewable volume obligations (RVOs) for 2018. The agency proposed a total renewable fuel volume of 19.24 billion gallons (BG), of which 4.24 BG is advanced biofuel, including 238 million gallons of cellulosic biofuel. That leaves a 15 BG requirement for conventional renewable fuels like corn ethanol. KyCorn President Richard Strode had the following statement:
"Corn farmers should express their appreciation to EPA for proposing to keep the conventional biofuel and corn ethanol requirements consistent with statutory levels of the RFS. We feel ethanol provides a win-win scenario. The farm economy needs a growing biofuels market, and consumers want a cleaner-burning fuel choice at the pump."
(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.
Ethanol Breaks Through the 10% Blend Wall (April 24, 2017)
"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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