Sep 26, 2018

Trump May Allow Year-Round E15 Sales

New policy will be unveiled in the coming weeks

The Trump administration is said to be preparing a policy change allowing year-round sales of gasoline with more ethanol, a move that would bolster demand, reportsBloomberg.

Trump is slated to unveil the new policy in the coming weeks, possibly in Iowa, where farmers, biofuel makers and politicians have clamored for the move that’s likely to expand the market for corn-based ethanol.

The policy shift will likely come at the expense of most oil refiners who have for years battled against year-round E15 sales.

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Marketwatch: Mar, 17

US Corn Price Idx:ZCPAUS.CM

open: 7.1495
high: 7.167
low: 6.9314
close: 6.9639

US Soybean Price Idx:ZSPAUS.CM

open: 16.1682
high: 16.2332
low: 15.8287
close: 15.8704

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 10.4572
high: 10.4872
low: 9.87
close: 9.87

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 10.1237
高:10.1737
low: 9.58
close: 9.58