National cooperative bank, CoBank, has joined MN Biofuels as a vendor member. A member of the Farm Credit System, CoBank provides financial services to 21 affiliated Farm Credit associations serving approximately 70,000 farmers, ranchers, agribusiness and other rural borrowers in all 50 states. Established in 1989, CoBank supports the breadth and depth of the agricultural industry, including the ethanol industry and the grain sectors.
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We named Hutchinson Co-Op our 2019 Distinguished Retailer during the release of our 2019 Annual Report on Dec 13. Hutchinson Co-Op began offering E15 at the end of 2018. Today, E15 comprises nearly half of its fuel sales.
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Trump Rebuffs Corn Farmers With Status Quo on Biofuels
The EPA released it's final RVOs for the 2020 RFS on Dec 19, requiring oil refiners to use 20.09 billion gallons of renewable fuel in 2020, only a 0.85 percent increase over the 2019 requirement, in line with the highly criticized July and October proposals
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US ethanol exports picked up in October, increasing 13 percent to 112.8 million gallons, bringing our total year-to-date ethanol exports to 1.22 billion gallons.
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Minnesota's Rep. Jim Hagedorn wrote to the EPA to express his frustration and demand changes to the agency’s practice of granting biofuel blending waivers to large or unqualified oil refineries.
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2019 is set to be another record year for E15 sales in Minnesota with 64.38 million gallons sold as of Oct 31, according to data from the Minnesota Department of Commerce.
COP25 brings opportunity for biofuel blended fuels to reduce transportation emissions. Ethanol is already fueling the equivalent of a hundred million cars worldwide, with further potential to displace up to a fifth of the world's gasoline demand.
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