Key biofuels legislation benefiting Iowa soybean farmers moves to the Senate. (Photo credit: Iowa Soybean Association)
Soy Growers Celebrate House Passage of Biofuels Bill
February 4, 2022
Ankeny, Iowa – The Iowa Soybean Association (ISA) commends the Iowa House of Representatives for the successful passage of House File 2128. The bill, as proposed by Gov. Kim Reynolds, would improve consumer access to biofuels and introduce new credits for higher blends of biodiesel.
Robb Ewoldt, ISA president and soybean farmer from Davenport issued the following statement:
"The passage of the Governor’s Biofuel Access Bill by the Iowa House means continued investment in reliable, low-carbon biodiesel production and access is even closer to becoming reality.
“To increase the demand for homegrown soy and keep Iowa’s 40,000 soybean farmers in a position to succeed, expanding access to biofuels is essential. Legislation should continue to support our soybean growers by ensuring biodiesel remains a viable fuel option – especially if Iowa is to remain the national leader in its creation. Biodiesel production supports 13% of the per bushel price of soybeans, which equated to approximately $1.78 per bushel in 2021. It also reduces feed costs for livestock producers by $25 to $40 per ton.
“We commend the leadership of Gov. Reynolds, Speaker Grassley and Rep. Hein in bringing this important legislation to the forefront of this session. A special thank you to ISA’s dedicated board of directors and advocate members for their continued support of this critical legislation.
“With the bill now moving on to the Senate for consideration, Iowa soybean farmers are encouraged to voice their support by contacting their state senator today. We look forward to working with policymakers across the Senate to continue improving consumer access to biofuels.”
Find contact information for your state senator here.
Not funded by the soybean checkoff
The Iowa Soybean Association (www.iasoybeans.com) is “Driven To Deliver” increased soybean demand through market development and new uses, farmer-focused research and results, timely information and know-how and policy initiatives enabling farmers and the industry to flourish. Founded in 1964 by farmers to serve farmers, ISA is governed by a board of 22 farmers to advocate on behalf of the state’s 40,000 soybean producers, including more than 12,000 ISA farmer members and industry stakeholders.