E15 Saves Money & Cuts GHG Emissions and NCBA Wraps Summer Meeting
From the Ag Information Network, this is your Agribusiness Update.
**A new study by economists at UC Berkeley and the U.S. Naval Academy found drivers could expect to save 20 cents per gallon by using E15 fuel, a blend of 15% ethanol and 85% gasoline that’s approved in 49 states.
According to the study, if California was allowed to sell E15, consumers could save $2.7 billion annually.
On top of that, the Department of Energy acknowledges ethanol slashes greenhouse gas emissions 44 to 52%.
**Major specialty crops exported from the U.S. to China in 2023 include tree nuts, fresh fruit, and processed fruits and vegetables.
In most of the Specialty Crop product categories, aside from tree nuts, import values from the U.S. have fallen over the last several years.
Improved domestic production, retaliatory tariffs, and free trade agreements with major counter-seasonal competitors largely explain declining U.S. exports across the specialty crop sector.
**National Cattlemen’s Beef Association members wrapped up their summer business meeting in San Diego where cattle producers discussed many of the top issues like risk management, taxes, and business regulation.
NCBA President Mark Eisele says the policies passed will direct the association’s advocacy efforts to strengthen profitability, reduce the government’s crippling regulations, and safeguard our way of life for the future.
Several existing policies were also renewed or amended.
