Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   

Agricultural News


US Grains Council Worries About Tying RINs and Exports of Ethanol

Wed, 09 May 2018 03:39:32 CDT

US Grains Council Worries About Tying RINs and Exports of Ethanol After the reported meeting on Tuesday at the White House where President Donald Trump met with Senators from both sides of the ethanol issue- the US Grains Council issued the following statement:

"President Donald Trump, today, reaffirmed he will approve year-round sales of 15-percent ethanol fuels without a Renewable Identification Number (RIN) cap. However, he has asked Environmental Protection Agency Administrator Scott Pruitt and Secretary of Agriculture Sonny Perdue to work out the details on an additional item: Reallocating RINs from exempted small refinery gallons to ethanol exports.

“We appreciate the Trump Administration’s strong support of the Renewable Fuel Standard, but the U.S. Grains Council (USGC) is concerned any move that would relate RINs to exporting ethanol could be severely detrimental to the competitiveness of ethanol exports and would harm the U.S. grains industry,” said Tom Sleight, USGC president and CEO. “We believe RINs for exported ethanol could be perceived as an export subsidy, against our World Trade Organization obligations. They could put a target on our back globally.”

"U.S. ethanol producers are some of the most cost-competitive industries in the world, and as such, believe in free and fair trade within the global marketplace. Last year, ethanol exports reached a record high of 1.37 billion gallons.

“We are already seeing the impact of trade policy barriers on ethanol exports and we would like to have the U.S. Trade Representative (USTR) look at the implications of export credits for RINs,” Sleight said.



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Court Rules In Favor of Oklahoma Genetics in Intentional Infringement of the Plant Variety Protection Act  Sun, 24 Mar 2019 21:20:11 CDT
  • The Day After Edition- Our Final Oklahoma Youth Expo Recap on Saturday March 23rd  Sat, 23 Mar 2019 22:17:38 CDT
  • Oklahoma Youth Expo 2019 Recap for March 23rd- the Day After Edition  Sat, 23 Mar 2019 09:58:14 CDT
  • Cierra Collins of Tillman County 4-H- Sells Oklahoma Youth Expo Grand Champion Steer for $85,000  Sat, 23 Mar 2019 09:49:33 CDT
  • Madilyn Norvell of Amber Pocasset 4-H Sells Oklahoma Youth Expo Grand Champion Barrow for $25,000  Sat, 23 Mar 2019 10:27:35 CDT
  • Lydia Straka of Yukon FFA Sells Grand Champion Lamb for $15,000  Sat, 23 Mar 2019 09:07:08 CDT
  • Addyson Schneberger of Carnegie 4-H Sells Grand Champion Goat for $15,000  Sat, 23 Mar 2019 09:15:25 CDT
  • Dairy Producers Previously Enrolled in the Livestock Gross Margin Program Now Eligible for 2018 Margin Protection Program  Fri, 22 Mar 2019 17:35:32 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Herbs Herb Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Oklahoma City Farm Show Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.