At a time when the farm economy is facing a downward turn, farmers and ranchers are looking for expanded market opportunities. Faith Parum, an economist with the American Farm Bureau Federation, said increased biofuel production could be one avenue to increase farm revenue and boost the entire rural economy.
One simple solution for increasing biofuel demand would be to allow for year-round E15 in American gas pumps. Parum said demand for homegrown corn would boom at the same time as a big crop settles into bins across the country.
Parum said there’s a straightforward path to make this possibility a reality.
For more information, visit fb.org.
