IARN – The biofuels industry has faced a rough stretch in recent years, with uncertainty and setbacks taking a toll not just on producers but on the entire agricultural economy. Blending decisions made under the previous administration led to the closure of several ethanol and biodiesel plants across Iowa, the nation’s leading biofuels producer. Those closures hit rural communities hard and weakened demand for corn and soybean oil. But last week’s announcement from the EPA on new Renewable Volume Obligations (RVOs) could finally offer the consistency and momentum the industry has been waiting for.
Read more at Iowa Agribusiness Radio Network.