Press Releases

You can help make year-round E15 happen

Contact: Dave Blower Jr. at 317-644-0980; dblower@indianasoybean.com

 

INDIANAPOLIS, Ind. (March 13, 2019) — The Indiana Corn Growers Association (ICGA) applauds the Environmental Protection Agency’s (EPA) release on Tuesday of a proposed rule that would allow for year-round sales of E15; a petroleum-based fuel blended with 15 percent ethanol. So far, only fuels with a 10 percent blend of ethanol (E10) have been sold in the United States after June 1 each year – the start of the summer driving season. If adopted by June 1, this rule would provide a major economic boost to Hoosier corn growers – and your comments to EPA play a vital role in making this happen.

 

At more than 1.1 billion gallons per year, Indiana stands as the fifth-largest U.S. producer of ethanol. The state generates 7.5 percent of the total U.S. ethanol output. Indiana’s production will increase when the state’s 15th ethanol plant goes online during the first quarter of 2020. These ethanol plants consume nearly 47 percent of Indiana’s total corn crop – more than 410 million bushels. Corn growers who work within 30 miles of an ethanol factory realize an 18-23 cent premium per bushel on corn prices.

 

“Each time we can create a new market for our corn within our own state, the farm economy in Indiana improves,” said Dubois County, Ind., corn farmer J.R. Roesner, who is also an officer on the Indiana Corn Marketing Council board of directors. “Indiana has aggressively recruited new ethanol production facilities to our state. I believe this benefits all Hoosiers with increased jobs and more tax revenue.”

 

In 2017, 592 employees worked for an ethanol plant in Indiana. And the economic activity created by these ethanol plants creates another 2,861 full-time jobs elsewhere in the state. The ethanol business in Indiana contributes $562 million to the state’s Gross State Product, and it generates $15.3 million per year in state and local tax revenue.

 

In addition, ethanol plants also yield ancillary products such as a high-grade livestock feed known as dried distiller’s grains with solubles (DDGS) and industrial-grade corn oil. Nearly 3.6 tons of DDGS were produced in Indiana in 2017 at a value of $366 million. Approximately 196 million pounds of corn oil was made that same year at a value of $50 million.

 

With yesterday’s action by the EPA, year-round E15 is another step closer to reality. Now the rule enters a public comment period. The National Corn Growers Association (NCGA) will provide comments on the rule, but your voice is important, too. The Indiana Corn Growers Association urges all farmers interested in expanding domestic use of corn to support the rule.

 

For more information on the proposed rulemaking, visit: https://www.epa.gov/renewable-fuel-standard-program/notice-proposed-rulemaking-modifications-fuel-regulations-provide

 

 

The Indiana Corn Growers Association, which works with the state and federal governments to develop and promote sound policies that benefit Indiana corn farmers, consists of 9 farmer-directors who provide leadership to the organization on behalf of the nearly 600 ICGA members statewide. Learn more at www.incorn.org/icga.

 

This communications was NOT funded with Indiana corn checkoff dollars.