EFFORTS TO GET YEAR-ROUND E15 SALES COULD HURT SOYBEAN FARMERS

WASHINGTON, D.C.— A bill moving through Congress could allow year-round sales of E15 gasoline nationwide, a long-sought goal for corn growers because it would increase demand for corn-based ethanol and potentially boost farm income. Farmers and ethanol advocates say the change could provide relief during a period of low corn prices and could also lower fuel costs for consumers.

However, the legislation includes exemptions for small oil refineries that would reduce their biofuel blending requirements. Economists warn that those exemptions could hurt demand for soybean-based biodiesel, lowering soybean prices and offsetting some of the gains from increased ethanol production. While corn growers would likely see benefits, the overall impact on farm income remains debated, with analysts suggesting the bill’s success depends on how widely E15 is adopted and how future federal biofuel policies are implemented.

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