Arthur, North Dakota farmer and National Corn Growers Association President Kevin Skunes says the U.S. corn industry wants a better solution in the Renewable Fuel Standard discussions.
“We don’t think a Renewable Identification Number (RIN) cap would be good at all. They also talked about maybe putting a RIN multiplier on. The blends over E10 through E15 and up would have a multiplier on those gallons so there would be more RINs available. We don’t think that needs to be done. We’re sticking with Reid Vapor Pressure (RVP). More RINs drive the price down.”
Skunes says little tweaks to programs could have a big impact. He thinks Trump could keep his promise to the ethanol industry.
“We’re pretty sure he wouldn’t do anything to damage it totally, because he did give his promise to the agriculture industry and corn farmers in the ethanol industry as a whole he wouldn’t mess with the RFS. We just want him to live up to the statement. Last fall, Environmental Protection Agency Administrator Scott Pruitt sent a letter to the corn state senators that said he would live up to their part of the RFS. We hope they’ll do that.”