Renewable fuels offer stability for rural America
Rural America is under financial strain as corn and soybean prices have fallen nearly 50% from recent highs while production costs remain elevated. According to a National Corn Growers Association survey, almost half of U.S. farmers believe the nation is approaching a farm crisis. For many, 2025 marks the third year of negative farm profitability.
Industry leaders say temporary relief programs are not enough. Instead, durable new markets are needed. One such opportunity lies in renewable maritime fuels. The International Maritime Organization is expected to finalize its Net-Zero Framework this October, requiring ships to cut greenhouse gas emissions by 2027. This policy could accelerate demand for biofuels such as BioLNG and biodiesel, generating fresh opportunities for farmers.
BioLNG, produced from manure, crop residues, and food waste, can achieve negative emissions and is compatible with existing fuel infrastructure. Biodiesel, made from animal fats, oilseeds, and cooking oil, can replace marine diesel with minimal equipment changes. Demand for these fuels could generate new markets equal to double Iowa’s soybean crop.
Projections suggest these fuels could add $100–200 billion in new farm revenues by 2050, strengthening rural economies while supporting cleaner energy. Experts recommend U.S. leadership focus on fast-tracking renewable fuel infrastructure, streamlining farm permits, and creating maritime fuel corridors.
"Biofuels represent more than just cleaner energy. They represent a lifeline for U.S. farmers," said Ben Kruger, senior vice president, Roeslein Renewables. "By leveraging our agricultural waste and renewable resources, we can stabilize rural communities while helping the shipping industry decarbonize."
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