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Tag Archives | Renewable Fuel Standards

How Does Changing Ethanol Capacity Affect Local Corn Basis?

Over the past decade, the United States has experienced a dramatic boom in ethanol production. The rapid expansion of ethanol was largely driven by the Renewable Fuel Standards (RFS), first introduced in 2005, which mandates that 36 billion gallons of renewable fuel are produced per year by 2022, 15 billion gallons of which can come […]

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