Trump Highlights New Ag Initiatives During White House Event
Brownfield
President Donald Trump has rolled out a wide-ranging set of policy changes that he says are designed to provide relief and stability for farmers and ranchers.
“I’m asking Congress to quickly pass the new farm bill and today I’m promising to request new farm relief for our great patriots in our next funding bill.”
During an event celebrating agriculture at the White House on Friday, he addressed several initiatives that will likely impact producers.
He says EPA’s new guidance removing DEF system sensors could lower equipment prices and reduce repair costs. “It’s going to be more reliable. It’s not going to be turning off every 15 seconds because the computer went haywire.”
The President says he’s urging lawmakers to find consensus on nationwide, year-round E15 sales. “I’m trusting them to find a deal that works for farmers, consumers and refiners including small and mid-size refiners. They’re going to send me a bill and we should be able to get that done.”
He says his administration has also finalized the highest blending requirements under the Renewable Fuel Standard. “These new standards will generate over $10 billion of rural economic benefit, create an estimated 100,000 new jobs and massively increase our nation’s energy supply.”
And, the President also announced the Small Business Administration is providing additional loan guarantees for farmers, food processors, grocery stores and others.