Trump himself promised to support corn ethanol. Cruz actually won Iowa while opposing the mandate. It’s not going away anytime soon. Trump keeps his promises which is why he also backed Strange. I accept the setback because having somebody who actually keeps his word in office is worth much more.
The high value of the dollar is destroying the export market of many farm products. Wheat prices have collapsed below production cost.
As a consequence, next year DC is looking at angry voters who live in agriculture areas.
We export huge amounts of farm products. US AG is extremely efficient, but this is about a whole industry destroyed on basis of exchange rates.
I want $7 corn again!