Iowa’s on-farm biodiesel program grows with new funding
September 13, 2022
| Meghan Sapp
The program, launched in August by the Iowa Renewable Fuels Association, refunds farmers up to 50 cents per gallon for buying biodiesel blends. Originally funded at $10,000, the Iowa Soybean Association and Iowa Biodiesel Board have joined as partners, providing another $10,000 to the program. In-state biodiesel producers Western Iowa Energy, Western Dubuque Biodiesel and Chevron Renewable Energy Group have each contributed $5,000, bringing total available funds to $35,000.
Under the program, farmers can earn 25 cents-per-gallon for filling up with B11 (11 percent biodiesel) and 50 cents-per-gallon with B20 (20 percent biodiesel), up to a maximum credit of $500.
Category: Fuels