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Corn farmers vs. Electric cars

By: Farms.com  

The drive towards electric vehicles (EVs) as a primary strategy for reducing vehicle emissions under the President’s administration has sparked concern among the nation's corn growers.  

The National Corn Growers Association has recently expressed that this singular focus might sideline biofuels, a critical component in the quest for a greener future. 

A letter to the President, backed by almost 3,500 farmers, points out the potential limitations of relying solely on EVs for achieving emission reduction targets.  

Highlighting the administration's goal for EVs to constitute half of all new car sales by 2030, the farmers argue that this overlooks the immediate advantages offered by biofuels, especially corn ethanol. 

Currently, a significant portion of U.S. corn production feeds into the ethanol industry, supported by the Renewable Fuel Standard.  

This program underscores the blend of ethanol with gasoline, a practice both ethanol producers and the American Petroleum Institute wish to expand. They argue that allowing more biofuel in gasoline year-round could significantly contribute to emission reductions. 

The corn growers' letter emphasizes a broader approach to tackling climate change, suggesting that the administration's EV strategy may be too narrow. By incorporating higher levels of biofuels into the national climate strategy, the U.S. could leverage an "immediate climate solution," thereby ensuring a more comprehensive and effective response to environmental challenges. 

This dialogue between corn growers and the federal government sheds light on the complexities of formulating a climate strategy that balances innovation with the practicalities of existing solutions like biofuels. As the conversation unfolds, it remains to be seen how biofuels will fit into America's evolving climate agenda. 


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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

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USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.