What did the Secretary of Agriculture tell Mark Pearson about the future of E15? Click here to find out. More of Secretary Tom Vilsack’s comments will air this week on Market to Market.
What about the comments by Jeff Broin of POET? He talked with producer David Miller about the role alternative fuel play in filling demand. Click here to see his comments.
Sue Martin is a long-time analyst on the program. What were her thoughts about the corn and soybean markets. Is it time to buy or sell? Click here for the expanded market analysis. You can read the text or download it.
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Posted in Uncategorized on June 8th, 2010 by paul – Be the first to comment
Secretary of Agriculture Tom Vilsack said Friday that he expects an E15 blend will become reality for consumers and producers of the fuel additive. E15 is a blend of 85 percent gasoline and 15 percent ethanol. The USDA could help open the door to the new blend if the Environmental Protection Agency approves the new fuel mix.
No official announcement is scheduled, but Vilsack says the E15 policy change will likely happen this year.
Also on Friday, Vilsack said he doubts shipping lanes will be closed because of the major oil spill in the Gulf of Mexico. Those same shipping lanes were closed temporarily following Hurricane Katrina.
Friday’s comments were made in an extended interview between Market to Market host Mark Pearson and Secretary Vilsack in our studios.
***Update*** The official transcript is posted here now our website.
See parts of the interview in this week’s Market to Market broadcast. Check your local listings or watch online at http://www.iptv.org/mtom/
The entire interview will likely be posted next week on our website.
Posted in Economy, Rural Economy on June 4th, 2010 by paul – Be the first to comment