# Trump touts ethanol victory, but Iowans say waivers undermine gains

> President Trump spoke at Southwest Iowa Renewable Energy and claimed a victory on year-round E15 sales, while touting a $28 billion farm aid package. Some Iowa leaders said hardship waivers for refiners could undermine the gains from E15. Farmers have faced declining corn and soybean prices after several record harvests.

- Date: 2019-06-12 · published 2019-06-12T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/58481-trump-touts-ethanol-victory-but-iowans-say-waivers-undermine-gains
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expanded ethanol sales support corn demand, but refinery waivers that reduce blending requirements could limit that support.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-06-20 | [Trump's Iowa Visit Jolts Biofuel Credits as Waivers May Decline - Bloomberg](https://feedsoft.ai/events/58477-trump-s-iowa-visit-jolts-biofuel-credits-as-waivers-may-decline-bloomberg.md) | +1.9% | -2.0% |
| CORN | 2019-08-23 | [Trump Administration May Consider Reallocating Biofuels Gallons Lost to Small-Refinery Waivers](https://feedsoft.ai/events/57448-trump-administration-may-consider-reallocating-biofuels-gallons-lost-to-small.md) | +1.8% | +1.4% |
| CORN | 2020-03-26 | ['Astonishing': Trump EPA backs down on biofuel waivers in blow to U.S. refiners](https://feedsoft.ai/events/54007-astonishing-trump-epa-backs-down-on-biofuel-waivers-in-blow-to-u-s-refiners.md) | +3.9% | -3.7% |
| CORN | 2024-06-05 | [Brazil could triple corn ethanol output, margins to stay healthy: Inpasa](https://feedsoft.ai/events/29741-brazil-could-triple-corn-ethanol-output-margins-to-stay-healthy-inpasa.md) | +5.7% | -3.0% |
| CORN | 2020-10-13 | [Ethanol Recovers to a 'New Normal'](https://feedsoft.ai/events/50652-ethanol-recovers-to-a-new-normal.md) | +2.6% | +4.2% |

## Sources

- desmoinesregister.com: https://www.desmoinesregister.com/story/news/politics/2019/06/11/trump-touts-ethanol-victory-but-iowans-say-waivers-undermine-gains/1421255001/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.