Farmers Press Trump to Boost Demand for Corn
The impact of the Trump Administration’s recent granting of 31 refinery waivers to big oil is quickly being felt across the countryside, compounding farmer’s concerns about crop conditions, markets, and trade, says the National Corn Growers Association.
In the last 12 months, 15 ethanol plants have been shuttered or idled, including POET’s Cloverdale facility which specifically cited the most recent waivers as the cause. Given this reduced demand, it is likely more closings will follow. Recent press reports indicate the President is, rightly, rethinking this action and NCGA is continuing to work with members of his administration and ethanol advocates in Congress. This includes sharing solutions that would significantly boost corn demand.