Debate centers on RFS as ethanol industry continues to fight
Nothing is set in stone with federal policy and the ethanol industry, and the same is true for 2018. The industry will continue to face annual political fights and legal battles to keep the Renewable Fuel Standard in place, the backbone of the industry. With commodity prices low and input costs high, changes to the RFS can affect the demand for ethanol and ultimately corn in the United States. About 15 billion gallons of corn ethanol is produced per year, which equates to about 5.4 billion bushels of corn demand. [node:read-more:link]