
(NAFB.com) – The National Corn Growers Association has released a new analysis showing year-round E15 sales would provide a net positive benefit for both corn and soybean farmers as legislation advances in the U.S. Senate. The study, conducted by World Agricultural Economic and Environmental Services for NCGA, found a representative farm with equal corn and soybean acres could see an average net benefit of more than $5 per acre over the projected period. According to the analysis, expanded E15 use would boost corn demand, support corn prices, reduce net Agriculture Risk Coverage and Price Loss Coverage program outlays, and increase overall net returns across both crops. NCGA said the legislation would create a market-driven opportunity for farmers facing tight profit margins while also benefiting rural economies. “Nationwide E15 stands out as a market-driven solution that strengthens rural economies and delivers savings to taxpayers,” the study noted.