GFM Network News


COVID-19 spurs new clash between Big Oil, Big Corn

Flagging consumption leads to pressures on U.S. fuels, biofuels

New York | Reuters — A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the nation’s biofuel policy, this time over whether the policy should be suspended or expanded as a result of the crisis. The issue once

U.S. EPA waives fuel requirements, extends biofuels deadline

Deadline extended to help refineries

Reuters — The U.S. Environmental Protection Agency on Friday unveiled measures to help oil refineries cope with fallout from the coronavirus outbreak, including waiving anti-smog requirements for gasoline and extending the deadline for small facilities to show compliance with the nation’s biofuels law. The outbreak has touched off a massive global decline in demand for






People shop for politics-themed shirts and other items at the store Raygun on the day of the Iowa Caucus in Des Moines, Iowa, Feb. 3, 2020.

Iowa’s anger over ethanol gives Democrats opening

Farmers were strong Trump supporters but now they say they’re being ignored

Reuters – In a speech last month to farmers in Texas, President Donald Trump won applause as he talked up recent U.S. trade agreements. When he tried to boast of his administration’s ethanol policy, however, he was met with silence. Iowa swung sharply to Trump’s Republicans in the 2016 presidential election, but Democrats hope anger

Paul Hodgen (l) and his father Abe stand on their farm in Roachdale, Indiana.

How ethanol plant shutdowns deepen pain for U.S. corn farmers

U.S. ethanol mandate exemptions are starting to add up, resulting in plant closures

Reuters – When the U.S. ethanol industry was booming, Indiana farmer Paul Hodgen made good money selling about a quarter of his crop to a local facility that produced the corn-based fuel. Now that plant has stopped churning out ethanol and has instead converted to a grain elevator for storage. Hodgen still sells his corn

White House to stick with 2020 biofuel plan, despite farmer objections

New York | Reuters — The Trump administration plans to stick with its proposed 2020 biofuel blending requirements, the White House said on Wednesday, despite anger among farmers that the plan does too little for corn growers. The decision could undermine President Donald Trump’s support among farmers, an important constituency in the November 2020 election.