Soy Group Won’t Support Bill on Higher Corn-Ethanol Gasoline

The American Soybean Association said it cannot support legislation that would expand higher-ethanol gasoline, signaling opposition from soybean interests to a biofuels policy change. The move creates a split with corn farmers who would benefit from a larger biofuels market. The impact is likely limited but could matter for agricultural commodity and lobbying dynamics.

Analysis

The American Soybean Association said it cannot support legislation that would expand higher-ethanol gasoline, signaling opposition from soybean interests to a biofuels policy change. The move creates a split with corn farmers who would benefit from a larger biofuels market. The impact is likely limited but could matter for agricultural commodity and lobbying dynamics.