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Grassley presses Treasury nominee on timeline for 45Z guidance

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By Erin Krueger

August 04, 2025

Policy 

Sen. Chuck Grassley, R-Iowa, on July 31 pressed Derek Theurer, President Donald Trump’s nominee to serve as under secretary of the U.S. Department of Treasury, on the expected timeline for the release of 45Z guidance.

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Propel Fuels Inc. has been awarded $195 million in exemplary damages for trade secret misappropriation by Phillips 66 Co. Together with the jury’s $604.9 million award of compensatory damages, the total award to Propel is more than $833 million.

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The USGC 65th Annual Board of Delegates Meeting featured commodity sector meetings and discussions on the strength of American agriculture and the latest trade policy developments in Mexico, India and Southeast Asia.

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The delegates of the U.S. Grains Council elected Mark Wilson of the Illinois Corn Marketing Board as chairman of its USGC Board of Directors at its 65th Annual Board of Delegates Meeting held in Grand Rapids, Michigan, on Aug. 4.

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U.S. Grains Council members on July 30 gathered in Grand Rapids, Michigan, for the 65th Annual Board of Delegates meeting. The event will spotlight impactful conversations around new markets and trade policy impact.

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Rayonier Advanced Materials Inc. on July 31 announced the signing of a MOU with GranBio LLC to jointly explore the development of a small-scale commercial cellulosic sustainable aviation fuel (SAF) facility co-located at RYAM’s Jesup, Georgia site.

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Total U.S. operable biofuels production capacity expanded in May, with gains for renewable diesel and a small decrease for ethanol, according to data released by the U.S. Energy Information Administration. Feedstock consumption was up.

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In July, U.S. Grains Council Deputy Regional Director for Latin America (LTA) Juan Diaz traveled to the Dominican Republic to join a USDA Agricultural Trade Mission with a focus on U.S. ethanol exports to the country.

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Union Pacific Corp. on July 29 announced an agreement to acquire Norfolk Southern Corp., creating America’s first transcontinental railroad that will connect more than 50,000 route miles across 43 states.

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On July 30, President Donald Trump announced another in a series of recent trade deals – this time with the Republic of Korea – that he says amounts to an investment in $350 billion in U.S. goods, including agricultural products.

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U.S. fuel ethanol production was up nearly 2% the week ending July 25, according to data released by the U.S. Energy Information Administration on July 30. Stocks of fuel ethanol were up 1% and exports were up more than 42%.

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The European Commission on July 28 approved a €36 million ($41.07 million) Danish state aid scheme designed to encourage airlines operating in Denmark to use sustainable aviation fuel (SAF) on domestic routes.

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KATZEN International Inc. announced on July 24 its selection by Be8 S.A. to supply process technology and design for the second phase of Be8’s flagship wheat-based ethanol facility in Brazil. The facility is expected to be operational in 2026.

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The Civil Aviation Decarbonization Organization, and 4AIR announced a strategic collaboration between their respective SAF registries. The collaboration's key focus is on interoperability to enhance data integrity and mitigate double issuance risks.

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The U.S. EPA on July 29 released a proposed rule to repeal the agency’s 2009 Endangerment Finding, which forms the legal basis for the agency’s GHG regulations. The proposal also aims to repeal all GHG regulations for motor vehicles and engines.

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The USDA recently released its Grain Crushings and Co-Products Production report for July, reporting that corn use for fuel ethanol in May was up when compared to the previous month, but down when compared to May 2024.

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ePURE, the European renewable ethanol association, on July 29 issued a statement on the trade deal announced between the U.S. and European Union, stressing that EU officials have confirmed ethanol is not included in the scope of the agreement.

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President Donald Trump on July 27 announced the U.S. has reached a trade deal with the European Union that includes a provision indicating the EU will purchase $750 billion in U.S. energy, including ethanol.

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Iowa funds 24 projects to bolster access to biodiesel, E15

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By Iowa Department of Agriculture and Land Stewardship

July 28, 2025

Iowa Secretary of Agriculture Mike Naig announced that the Iowa Renewable Fuels Infrastructure Program Board recently approved an additional 24 applications from Iowa fuel retailers to support new and expanded biofuel infrastructure projects.

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In the U.S. EIA’s recently published Annual Energy Outlook 2025 (AEO2025), the agency introduce its new Carbon Capture, Allocation, Transportation, and Sequestration module (CCATS), which models carbon capture in the coming decades.

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While final IRS guidance is still pending, the foundation of the 45Z program is well defined. Clean fuel producers should no longer be waiting; they can now move forward with critical planning and preparation, according to EcoEngineers.

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The USGC recently sponsored South Korea SAF experts to tour the U.S. alcohol-to-jet Fuel (ATJ) technology supply chain. Participants met with stakeholders ranging from low-CI corn farmers to ATJ SAF production technology companies and airlines.

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Valero Energy Corp. on July 24 released second quarter results, reporting a profitable three-month period for its ethanol segment. The renewable diesel segment posted a loss, but the company’s new sustainable aviation fuel (SAF) unit operated well.

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The IRS on July 21 published a notice announcing the 2025 calendar-year inflation adjustment factor for the Section 45Z clen fuel production credit. The resulting adjustment boosts maximum the value of the credit by approximately 6%.

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The U.S. Senate on July 23 voted 48 to 47 to confirm the appointment of Aaron Szabo to serve as assistant administrator of the U.S. EPA’s Office of Air and Radiation. Biofuel groups are congratulating him on his appointment.

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India’s Minister of Petroleum and Natural Gas Hardeep Singh Puri on July 23 announced the country has met its 20% ethanol blending goal five years ahead of schedule. India had previously set a goal to reach E20 by 2030.

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U.S. Secretary of Agriculture Brooke L. Rollins on July 24 announced the reorganization of the USDA, refocusing its core operations to better align with its founding mission of supporting American farming, ranching, and forestry.

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U.S. fuel ethanol production was down nearly 1% the week ending July 18, according to data released by the U.S. Energy Information Administration on July 23. Stocks of fuel ethanol were up 3% and exports expanded by 15%.

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The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy is soliciting public comments on a preliminary plan for determining provisional emissions rates (PER) for the purposes of the 45Z clean fuel production credit.

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President Donald Trump on July 22 announced new trade framework agreements with Indonesia and Japan. Both agreements are expected to benefit the U.S. agriculture industry, including farmers and ethanol producers.

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