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ICGA and Oil Industry Sue EPA

The IL Corn Growers Association (ICGA) joined 12 other state corn organizations, and oil industry representatives to sue the Environmental Protection Agency (EPA) for its inequitable and costly electrification of America’s vehicle fleet.  

The National Corn Growers Association (NCGA), 25 state attorneys generals, the American Petrochemical Institute (API), the American Fuel and Petrochemical Manufactures (AFPM), auto dealerships, and Valero were among the organizations who filed petitions against the agency.  

“In its multipollutant rule, the EPA incentivized the electric vehicle industry for its ability to reduce carbon but refused to acknowledge the positive impact of renewable fuels,” ICGA President Dave Rylander said. “Ethanol is currently decarbonizing our atmosphere. Why are we penalizing our current solution for a technology that is not obtainable at its proposed level, today?”  

The oil and agriculture industries request an approach that levels the playing field for all vehicle technologies and fuels to reduce emissions. The EPA’s summary predicts the final rule, released in March, will cost $870 billion in vehicle technology. ICGA’s petition argues the rule’s astronomical price tag requires congressional authorization.

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

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


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.