IARN — Sunday morning the Iowa legislature authorized another year of funding for Iowa’s cost-share biofuel infrastructure program, a move that ensures access to biofuels will continue to grow throughout Iowa.
The Iowa Renewable Fuels Infrastructure Program (RFIP) provides Iowa fuel retailers with cost-share grants to add the necessary equipment to their stations to offer higher blends of biofuels. RFIP has led to millions of dollars of private economic investment and hundreds of new stations offering E15, E85, and biodiesel blends at the pump. The program’s funding of $3 million for FY2021 was included in HF 2642, a bill to fund the Rebuild Iowa Infrastructure Fund. It passed the Senate 45-3 and passed the House 63-29. Read more
IARN — President Donald Trump visited Southwest Iowa Renewable Energy (SIRE) in Council Bluffs, Iowa one year ago – June 11, 2019 – to celebrate regulatory changes allowing year-round sales of E15.
Geoff Cooper, president and CEO of the Renewable Fuels Association, reflects on the momentous occasion. He recalls a “very exciting day.”
“We had an incredibly rare opportunity to speak with the President about the industry and the issues we were facing,” Cooper said. “We had his undivided attention for a few hours, while he was at SIRE, and we made the most of it.” Read more
IARN — The latest U.S. Weekly Export Sales Report showed strength in the soybean complex.
That’s according to Greg McBride, commodities broker with Allendale. McBride says analysts were expecting strong soybean export numbers for the week ending June 4th. They were correct.
“We did end up with a combined total of about 2.2 million tons of beans sold,” McBride said. “That was above the average guess. That looks good for us. Corn, meanwhile, came in inside the weekly range, but at the lower end of it. A little bit of a neutral tilt to that. Meal was inside the range as well and bean oil was below the range. Nothing really too extraordinary to get excited about other than the bean sales.” Read more
IARN — Matt Bormann, of Algona, Iowa, last week spoke to crop progress, where he attributed early season results to conservation practices, such as cover crops and less tillage. Today he challenges farmers to step outside their comfort zones.
Bormann doesn’t deny, “It’s easy to get stuck in our ways of how things have to be done.” He understands how comfortable that may be, but asks, “Is that a better way of farming?”
“Generations of the Bormann family have done tillage. When you start to do something different, it’s scary. It’s like: Is it going to work? Is it not going to work? I keep telling farmers, you have to get your mind set up. You are not going to fail by cutting back on tillage; you are not going to fail by using cover crops,” Bormann said. Read more
IARN — European Union (EU) Trade Commissioner Phil Hogan says the chances of making a free trade deal with the United States in the near future aren’t good. The announcement comes after U.S. Trade Representative Robert Lighthizer blasted the EU for its trade policies and admitted the two sides are nowhere near a deal. That’s despite years that have been already spent trying to make a deal. Read more
IARN — The U.S. Department of Agriculture’s (USDA) National Agricultural Statistics Service (NASS) Upper Midwest Regional Field Office reports: “Corn planting is virtually complete, while soybean planting moved to 97-percent complete.”
Crop development reached new heights. Corn emergence soared to 97-percent, two weeks ahead of last year and 10 days ahead of the five-year average. Soybean emergence reached 87-percent, also 10 days ahead of average. A northwest Iowa farmer speaks to early season growth. Read more