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Photo credit: Angelia Weiss, Getty Images contributor The ethanol industry, which says it has lost $3.8 billion in sales since March due to the pandemic, is increasingly looking to the Biden administration for relief at the same time that farm groups want the new president to resolve the trade war with China. But a Purdue University professor said it was unlikely that President Biden, when he takes office on Jan. 20, will immediately undertake broad-scale trade reform, pointing out that “he has other priorities that take precedence.” Corn ethanol production is down 2 billion gallons this year because of the economic slowdown that accompanied the pandemic and reduced gasoline consumption, said the Renewable Fuels Association on Wednesday. Geoff Cooper, the RFA’s chief executive, said Congress is shying away from targeted aid, but that the USDA could provide the money if Congress provides a new tranche of cash for agricultural assistance.

United statesRussell hillberryGeoff cooperTom vilsackRenewable fuels association onA purdue universityNational association of wheat growersPurdue universityPresident bidenRenewable fuels associationRenewable fuel standardNational associationWheat growersPurdue agricultural economics reportPresident trumpஒன்றுபட்டது மாநிலங்களில்