2025年乙醇行业展望

RFA BOARD OF DIRECTORS absenergy.orgaceethanol.comfrvethanol.comadkinsenergy.comaemetis.comal-corn.comaztalanbio.combadgerstateethanol.combigriverresources.comcalgren.comchiefethanol.comcvec.comchsinc.comcie.uscommonwealthagrienergy.comdakotaethanol.comeenergyadams.comekaellc.comeliteoctane.netgevo.comggecorn.comgrainprocessing.comgranitefallsenergy.comheronlakebioenergy.compilotflyingj.comguardiannrg.comheartlandcorn.comhighwaterethanol.comhuskerag.comlincolnwayenergy.comicminc.comkaapaethanolcommodities.comlanzajet.comlincolnlandagrienergy.commaapw.commidmissourienergy.comnewenergyblue.comparallelproducts.comredfieldenergy.comringneckenergy.comsireethanol.comsumitomocorp.com/en/us/scoaandersonsinc.comtrentonagriproducts.comwnyenergy.comwpellc.com Absolute Energy LLCAce Ethanol LLCFox River Valley Ethanol LLCAdkins Energy LLCAemetis Inc.Al-Corn Clean Fuel LLCAztalan Bio LLCBadger State Ethanol LLCBig River Resources LLCCalgren Renewable FuelsChief Ethanol Fuels Inc.Chippewa Valley Ethanol Co.CHS Inc.CIECommonwealth Agri-Energy LLCDakota Ethanol LLCE Energy Adams LLCEast Kansas Agri-Energy LLCElite Octane LLCGevo Inc.*Golden Grain Energy LLCGrain Processing Corp.Granite Falls Energy LLCHeron Lake BioEnergy LLCGreenAmerica Biofuels Ord LLCGuardian Energy LLCHeartland Corn ProductsHighwater Ethanol LLCHusker Ag LLCLincolnway Energy LLCICM Inc.KAAPA Ethanol Holdings LLCLanzaJet*Lincolnland Agri-Energy LLCMid America Bio Energy LLCMid-Missouri Energy Inc.New Energy Blue*Parallel Products Inc.Redfield Energy LLCRingneck Energy LLCSouthwest Iowa Renewable Energy LLCSumitomo Corporation of Americas*The Andersons Marathon Holdings LLCTrenton Agri Products LLCWestern New York Energy LLCWestern Plains Energy LLC Rick SchwarckNeal Kemmet Bill HowellEric McAfeeThomas HarwoodJeff OestmannErik HuschittDavid ZimmermanTravis LaneWayne GarrettChad FrieseChris LudwigRyan DrookMick HendersonScott MundtJon CosbyBill PrachtNick BowdishKathy BergrenDave SovereignMark RickettsMichael Green RFA OFFICERS ChairmanJeff OestmannAztalan Bio LLC Vice ChairmanDerek PeineWestern Plains Energy LLC TreasurerDavid ZimmermanBig River Resources LLC Eric FobesJeanne McCahertyTom PaitrickBrian KletscherSeth Harder SecretaryTim WintersWestern New York Energy LLC PresidentGeoff CooperRenewable Fuels Association Chris MitchellChuck WoodsideMeg WhittyEric MosbeyPrestin ReadChris WilsonKelly DavisEd StewartEric BaukolWalt WendlandMike JerkeTaichi YamakawaDan ShortTony LeidingTim WintersDerek Peine In 2025, the Renewable Fuels Association will join with ethanol producers and farmers across the country to celebrate the20-year anniversary of the Renewable Fuel Standard (RFS), the most transformative and influential public policy in our indus-try’s long and storied history. But we’ll do more than simply commemorate the successes of the RFS over the past two decades. We’ll also use this op-portunity to remind a new administration and new Congress that the health and welfare of America’s family farms isdirectlyandinextricablytied to the health and welfare of America’s biofuels industry. We’ll share the lessons learned from our richhistory. We’ll go back to our roots. Indeed, the RFS milestone could not come at a more important time. Many of the farm economy challenges that led Con-gress to adopt the RFS in 2005 are resurfacing today across rural America. As growth in the supply of agricultural commod-ities is again outpacing demand, farm income has plummeted 23 percent since peaking in 2022 and the total value of U.S.crops is down $37 billion—or nearly $20,000 per family farm. Agricultural exports are down, interest rates remain stubbornlyelevated, farm debt is rising, cropland values are falling, and ag machinery sales are slumping. Moreover, expenses for seed,fertilizer, fuels, and labor have all hit record highs in recent years. Things appear to be taking a turn for the worse in America’s agricultural heartland, just as President Trump and his newadministration are getting settled. We’ve been here before. There was the devastating farm crisis of the 1980s, which saw the collapse of commodity pricesand mass farm foreclosures and bankruptcies. Then there was the late 1990s and early 2000s, when crop production againoutpaced demand, crop prices fell to levels below the farmer’s cost of production, and farm consolidation accelerated. But everything began to change in 2005 when Congress overwhelmingly passed legislation establishing the RFS, requiringoil refiners to blend increasing volumes of biofuels like corn ethanol into our nation’s fuel supply. The RFS, which was greatlyexpanded by Congress two years later in 2007, ushered in a golden era of demand and value creation for America’s farmsector. Farmers and their neighbors pooled their resources to build ethanol biorefineries in their communities. Rapid expansion inethanol production created a growing market for corn and added significant value to farm commodities. Good-paying jobs,pros