The U.S. Environmental Protection Agency has granted exemptions to oil refineries, allowing them not to use ethanol, causing a huge slump in demand for corn.
Anger is growing among corn farmers in Iowa towards Donald Trump over his administration's action to cut demand for ethanol as opposition grows against the president among the rural sector that he counts on for his base.
Since taking office, the Trump administration has granted 85 refineries a pass from buying 4 billion gallons of renewable fuel, which could lead to the closure of 15 ethanol plants nationwide including one in Iowa.A rain storm is seen over a corn field in Oskaloosa, Iowa on August 15, 2019.Corn farmers in the state have reacted angrily to the waivers granted to oil refineries, which has meant that demand for their product has dropped.
The Trump administration's exemptions have sparked opposition in the agricultural sector, which had initially backed the president duringBut increasingly the trade spats and tariffs have alienated many in the rural sector with questions being raised over whether it would back Trump in 2020. Trump visited Iowa two months ago to tout his administration's approval of E15, or gasoline blended with 15 percent ethanol, which was expected to be a huge boost to demand for corn.
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