U.S. Agriculture Secretary Brooke Rollins delivered the keynote address at the Iowa Ag Leaders Dinner in Ankeny, Iowa where she said she believes E15 plays a key part in President Trump’s vision of unleashing American energy. Iowa Renewable Fuels Association (IRFA) Executive Director Monte Shaw made the following statement:
“E15 is the only untapped, near-term market opportunity for American farmers and producers large enough to make a meaningful difference to today’s low prices. Nationwide year-round E15 would unlock a 7-billion gallon per year market opportunity for ethanol, thereby advancing President Trump’s vision of American energy dominance. Further, the production would require more than 2-billion bushels of corn, thereby boosting demand at a critical time for American farmers.
“IRFA members thank Sec. Rollins for seeing first-hand the value of biofuels while visiting Elite Octane today, an ethanol plant in Atlantic, Iowa. We also thank her for recognizing the value in HBIIP funding, as she announced today USDA would release $537 million in funding for 543 projects in 29 states. IRFA looks forward to working with Sec. Rollins to continue building this momentum and working to put farmers first by expanding access to homegrown biofuels.”
A video of partial remarks from Sec. Rollins tonight can be found here.
