House Agriculture Committee Chairman Collin Peterson warns the Environmental Protection Agency’s efforts in connecting E15 with RIN market reform may “bog down moving forward on both.” The EPA regulates the Reid vapor pressure of gasoline sold at retail stations between June 1 and September 15.
During that time frame, gasoline blends with 15 percent ethanol are not allowed to be sold at retail stations. Now, the EPA is proposing to grant a Reid vapor pressure wavier for E15 fuels, allowing year-round sales, while also reforming the RIN market in the same proposal. Peterson calls the E15 proposal “long overdue,” but added he encourages the administration to find a “more efficient pathway process at EPA.”
Further, Peterson contends the proposal “doesn’t lessen the damage caused by the Administration’s misuse of the small refinery exemption.” The waivers allow refineries to avoid their blending requirements under the RFS. Before major changes are proposed to the RIN marketplace, Peterson says the EPA should address the overuse of these waivers.
The United States and the European Union have reached an “agreement in principle” to allow U.S. farmers a share of the EU’s annual 45,000-ton quota for hormone-free beef imports. Politico reports the agreement has been sent to EU member nations for approval. The import quota was set in 2009 by the EU after the bloc lost a World Trade Organization dispute over its ban on hormone-treated beef.
The Farm Service Agency is reminding producers that the crop sales deadline for 2019 Noninsured Crop Disaster Assistance Program (NAP) coverage is March 15. This deadline applies to forage, pasture and most fruits and vegetables. Eligible producers can file an application, pay the applicable service fees and complete acreage reports at their local county FSA office.
The National Biodiesel Board Tuesday urged the House Ways and Means Committee to quickly extend the biodiesel tax incentive. Kurt Kovarik, Vice President of Federal Affairs for the National Biodiesel Board, submitted testimony to the Temporary Policy in the Internal Revenue Code hearing.
The National Association of State Departments of Agriculture expressed disappointment this week in the content of President Trump’s budget proposal. NASDA CEO Barbara Glenn says the budget request would “negatively impact agriculture, particularly at a time when many in agriculture are facing a serious economic downturn.”
There are no in-person trade talks between China and the United States on the schedule right now. A White House official says there’s still “much work left to be done” in the negotiation process. The Director of the National Economic Council says, “We’re on the phone talking with them every day, but no one has made any concrete trip plans yet.”