
Fresh Look at Food Versus Fuel Debate
Friday, December 22, 2023 • 2 PM
n Friday, Dec. 15, 2023, the U.S. Treasury Department increased the chances that corn-based ethanol and biomass-based diesel will soon be eligible for tax credits designed to encourage the production of sustainable aviation fuel (SAF). See that news here: . USDA Ag Secretary Tom Vilsack said the SAF market has potential to reach 36 billion gallons per year, offering corn and soybean producers valuable access to a potentially large market at a time when the U.S. share of world export markets has suffered a three-decade decline. More specifics for the new proposal are due out by March 1, 2024.

