2018 Market Outlook MeetingsDate: Jan 10 - 25, 2018
Hear from industry professionals at one of our upcoming grain market outlook meetings. 14 meetings will be held to better serve our member-owners.
Join us as we DEFEND THE RFS!
Key Cooperative, along with a crowd of other supporters, attend the Iowa Renewable Fuels Association event on Friday, Nov. 22 at Lincolnway Energy in Nevada, IA. The event was organized to
“Defend the RFS” and highlight the negative impacts of the proposal to
reduce the RFS levels for 2014.
Also in attendance at the event were Rep. Steve King, R-Iowa; Lincolnway Energy
CEO Erik Hakmiller; Absolute Energy CEO Rick Schwarck; Gary Haer, vice
president of sales and marketing for Renewable Energy Group Inc.; Troy
Wilson, DuPont Industrial biosciences regional business leader; Roger
Zylstra, an Iowa Corn Growers president and Lynnville farmer; and Sen.
Chuck Grassley, R-Iowa.
The following article is provided by: Holly Jessen of Ethanol Producer Magazine
Iowa Gov. Terry Branstad has jumped in the fray, defending the renewable fuels standard (RFS).
Just days after the U.S. EPA released its proposal for the 2014
renewable volume obligations, Branstad and Lt. Gov. Kim Reynolds went
live with a new website, protecttherfs.com,
where they are collecting comments in support of the RFS, which will be
sent to the EPA. “Washington, D.C. bureaucrats at the Environmental
Protection Agency (EPA), under the stranglehold of big oil, have issued a
ruling hoping to slash the amount of renewable fuel in America’s energy
portfolio,” the website says. “Not only will this terrible decision
from the federal government increase America’s dependence on foreign
oil, it will also hurt American families by decreasing the value of
commodities, increasing prices at the pump, eliminating thousands of
jobs and sink the cost of corn below the cost of production.”
Visitors that sign the petition and leave a comment can choose to
post their comments and initials on the website. Several pages of
comments have already been posted and are viewable by clicking on “see what others are saying.” Those that have commented so far have not only been from Iowa, but also other states like Illinois and Nebraska.
On Nov. 15, the day the proposal came out, Branstad and Reynolds both
vowed in a statement to join the fight in protecting the RFS. They
called it a misguided and dumfounding decision by the EPA. “Why the
Obama administration would side with the big oil companies over Iowa’s
homegrown renewable fuels is baffling,” said Branstad. “The EPA has
turned its back on rural America, and our economy and family farms will
suffer as a result. Corn prices have already dropped to the cost of
production, and this will likely further squeeze corn producers and
negatively impact income growth in rural America. We have more than 50
ethanol and biodiesel plants in Iowa, and these EPA reductions would
negatively impact thousands of Iowa jobs. This debate isn’t over. I will
lock arms with our agricultural groups, our family farmers, leaders
from both parties, and Iowans in fighting for Iowa’s homegrown,
reliable, and safe renewable fuels. I encourage Iowans to officially
comment to the EPA.”
Reynolds said the proposal undercuts progress made by the RFS to
date. “This is the latest example of just how out of touch Washington,
D.C. has become that big oil is rewarded for bad behavior,” she said.
Branstad and Reynolds’ support for biofuels isn’t new. On Oct. 14, they announced a new biofuels pilot program called “Fueling Our Future.” It will redirect federal and state funds to install more blender pumps around the state.
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