Iowa Ag leaders penned a letter to US Trade Representative Robert Lighthizer about trade issues with China and how they would affect Iowa’s ag economy. Renewable fuels are one of the many Iowa commodities that stand to benefit or be hurt by a Chinese trade war.
Iowa Renewable Fuels Association Executive Director Monte Shaw tells us how important the Chinese Market is for renewable fuels products.
Shaw says even though there are legitimate trade issues with China, agriculture will be paying a disproportionate price for a trade war.
Shaw also said there are ways President Trump can help alleviate the strain on agriculture by helping to create more demand at home. One of those ways would be to get year-round implementation of E15.
Shaw highlights a brief, recent history of Chinese tariffs on Ethanol.