Published 1 month ago

Biden’s biofuel push risks dethroning corn as king of US crops

Summary by Ground News

American farmers have planted more soybeans than corn only in two out of more than 100 years. The last time that happened was in 2018, when the soy area exceeded that of corn by a mere 500,000 acres. The biofuels push has already unleashed a race to build soybean processing plants.

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Biden’s biofuel push risks dethroning corn as king of US crops

American farmers will plant more corn than soybeans in 2024 as they have in most years for over a century. But beyond that, a green diesel boom threatens to dethrone the king of all crops.President Joe Biden’s decarbonization plan and the huge subsidies it offers to green energy are boosting demand for soybean oil, key to renewable diesel production. That means the old adage that the U.S. farmer likes to plant corn could become history, with so…

1 month ago

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Biden’s biofuel push risks dethroning corn as king of US crops

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Biden’s biofuel push risks dethroning corn as king of US crops

Biden’s biofuel push risks dethroning corn as king of US crops

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