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Governors' Biofuels Coalition
NEWS UPDATE March 29, 2021

Top Story

Biden economic plan to focus 1st on infrastructure this week

By Hope Yen, Associated Press  •    •  Posted March 29, 2021

President Joe Biden will lay out the first part of his multitrillion-dollar economic recovery package this week, focusing on rebuilding roads, bridges and other infrastructure, followed by a separate plan later in April addressing child and health care. White House press secretary Jen Psaki confirmed on Sunday the administration’s plans to split the package into two legislative proposals, part of an effort to get support from congressional Republicans. But she adds that “we’ll work with the Senate and House to see how it should move forward.” [ read more … ]

E15

CHS Expands E15 Availability Through More Fuel Terminals

By Todd Neeley, DTN Staff Reporter  •    •  Posted March 29, 2021

CHS Inc. announced on Monday it will expand access to E15 at 10 additional fuel terminals starting in the next couple of weeks, the company said in a news release. CHS plans to offer E15 at Nustar terminals in North Platte, Nebraska; Geneva, Nebraska; Council Bluffs, Iowa; Milford, Iowa; Rock Rapids, Iowa; Sioux Falls, South Dakota; Yankton, South Dakota; Wolsey, South Dakota; Salina, Kansas; and Concordia, Kansas. [ read more … ]

Biden Administration

Biden mulls giving farmers billions to fight climate change. Even farmers are unsure about the plan.

By ZACK COLMAN, LIZ CRAMPTON and HELENA BOTTEMILLER EVICH, Politico  •    •  Posted March 29, 2021

The Biden administration’s ambitious plan to create a multibillion-dollar bank to help pay farmers to capture carbon from the atmosphere is running into surprising skepticism, challenging Agriculture Department officials to persuade the industry to get behind the massive climate proposal. “There’s a balance between moving really quickly and also being deliberate enough that we can bring folks along with us,” said a senior USDA official, who believes the doubts can be addressed. The plan is to roll out some type of action this year, the senior official said, who was granted anonymity in order to discuss the department’s thinking. [ read more … ]

Biden to Reveal Major Spending Plan With Big Battle Ahead

By Erik Wasson and Justin Sink, Bloomberg  •    •  Posted March 29, 2021

“Successful presidents — better than me — have been successful in large part because they know how to time what they’re doing,” Biden said Thursday when asked why he was pursuing the massive spending package instead of other legislative priorities, such as gun control. Infrastructure is “the place where we will be able to significantly increase American productivity, at the same time providing really good jobs.” [ read more … ]

Markets

U.S. farmers prep for massive corn acreage despite soy rally

By Mark Weinraub, Reuters  •    •  Posted March 29, 2021

A 45% rally in soybean prices in 11 months was not enough to convince South Dakota farmer DuWayne Bosse to give up any corn acreage on his farm this spring. “For our farm, we are looking at maxing out corn acres,” said Bosse, who added that soybean futures for the next crop would have to rally another 9% to $13.25 a bushel to make switching up his seeding plans worthwhile. [ read more … ]

The Biofuel Boom Could Threaten Food Security

By Irina Slav, OPIS  •    •  Posted March 29, 2021

Sustainable aviation fuels seem to be the future of air travel, according to industry insiders seeking to reduce the industry’s carbon print. Refiners are on board, just as they are on board with a planned major boost in biofuels production during the Biden administration. Farmers are certainly on board. And the prices of vegetable oils are already rising to multi-year highs, driving up prices of other foodstuffs to the highest since 2014. [ read more … ]

The Fallout from Hand Sanitizer Demand

By Anna Edney, Bloomberg  •    •  Posted March 29, 2021

Hand sanitizers exploded in popularity a year ago as people rushed to protect themselves from coronavirus germs, making room for lesser-known brands to jump into the market. But sometimes when newcomers help fill a supply gap, standards droop. Online pharmacy Valisure, which tests the products it sells for impurities, analyzed 260 hand sanitizer bottles from 168 brands and found 17% contained detectable levels of the known carcinogen benzene. [ read more … ]

Car Rule

Auto rules go to OMB

BY MATTHEW CHOI, Politico  •    •  Posted March 29, 2021

EPA and the Transportation Department last week sent two major proposed regulations to the Office of Management and Budget for review. The National Highway Traffic Safety Administration has sent over a rule regarding CAFE program preemption, which appears to be the rule to restore California’s special regulatory authority for tailpipe emissions. [ read more … ]

EVs

Auto dealers sue Illinois, EV makers over direct sales

By The Associated Press  •    •  Posted March 29, 2021

The Illinois Automobile Dealers Association has filed a lawsuit against the state and electric truck startup Rivian for selling vehicles directly to consumers. The lawsuit filed Thursday in Cook County Circuit Court also names Lucid Motors, an electric vehicle startup based in California that is planning to open a sales office in suburban Chicago. Rivian began taking advance orders online in November and plans to open a Chicago showroom. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.