President Donald Trump is signaling a shift in U.S. biofuel policy, proposing to cut back or completely eliminate federal incentives for importing foreign biofuel. Instead, the administration aims to boost production from American-based biofuel producers, a move that could strengthen domestic agriculture but faces strong opposition from oil refiners and trade groups.
The debate has left many U.S. farmers, particularly corn growers in the Midwest, both hopeful and frustrated. Corn producers see major opportunities in the growing market for Sustainable Aviation Fuel (SAF), which can be made from ethanol. The demand for SAF is expected to surge as airlines seek cleaner alternatives, and one of the first facilities in the U.S. capable of producing ethanol-based jet fuel is preparing to roll out its first batch.
Here's John Jenkinson with today's AG Minute...