Soy Growers Call on President Trump to Support the Renewable Fuel Standard and Rural AmericaTue, 08 May 2018 11:25:43 CDT
The American Soybean Association (ASA), along with other agriculture groups, this week sent a letter to President Donald Trump encouraging support for the Renewable Fuel Standard (RFS) and in turn, rural America.
The letter praises the President’s April 12 comments on addressing regulatory barriers that prevent year-round sales of higher ethanol blends and also requests that the Environmental Protection Agency (EPA) commit to the statutory level for advanced biofuels for 2019 and provide significant growth for biomass-based diesel in 2020 to address lost gallons on advanced biofuels.
“We urge you to follow through on the needed regulatory fix for higher blends and ensuring the volumes of renewable fuel as the solution to address farmer and refiner concerns without further undercutting the RFS, such as imposing a RIN cap, and causing additional harm to the farm economy,” the letter states.
The U.S. Department of Agriculture (USDA) projects 2018 net farm income will decline by $4.3 billion, resulting in the lowest net farm income, in nominal dollars, since 2006. RFS creates new markets for farmers and new jobs in rural America, and as such, farmers depend on the President’s continued support.
The full letter can be found here.
Source - American Soybean Association
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