Growth Energy is calling on Congress to pass legislation permanently allowing year-round sales of E15, a 15% ethanol blend that averages 30 cents per gallon less than regular gasoline. The group is making the measure a priority for the end of the year and will promote it at a farm broadcasters event next week in Kansas City.
A permanent year-round E15 rule would expand ethanol demand during summer months, supporting ethanol output and corn grind. The measure is still only advocacy, so its price effect is limited for now.
After 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.