House of Representatives Takes Important Step Toward Year-Round E15

Parum: The House has passed year-round E15, so this is the first step in getting this fully out of the door, but we'll see what the Senate has to do and then, of course, the President will still have to sign the bill, but it's a meaningful first step here.

Parum: Next, the bill will head over to the Senate side. The Senate will have to come up with their version of the bill, and we'll see what they come up with, and then they'll put the two versions together. It'll be signed into law by the President, and then we can have year-round E15.

Parum: The EPA has finalized the Renewable Fuels Standards for the upcoming years, for 2026 and 2027, and so that'll be great for farmers. It's going to be some of the highest renewable volume obligations that we've ever seen under the program. So that'll have steady demand for our conventional fuels like ethanol, and really increase some of those demands, like biofuels.