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Iowa Governor Kim Reynolds introduced HSB 185, which would set an E10 standard and offer E15 statewide by 2025, and would raise the E15 promotion tax credit. Sen.
Amy Klobuchar also introduced national bills to expand access to higher ethanol blends. The Iowa bill is estimated to add over 117 million gallons of ethanol demand over five years.
Higher mandated ethanol blends would increase corn grind for ethanol and support corn demand. The Iowa and federal proposals could add demand if they pass.
feedstuffs.comJacqui FatkaFeb 8, 2021After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
