Iowa RFA launches latest On-Farm Biodiesel Credit Program to farmers

In Iowa, the Iowa Renewable Fuels Association (IRFA) is once again offering the statewide On-Farm Biodiesel Credit Program to farmers who buy a biodiesel blend for their Iowa farm tank. The program offers up to 50 cents per gallon.

The Iowa Soybean Association and Iowa Biodiesel Board continue to partner with the program, providing $10,000. Biodiesel producers Western Iowa Energy, Western Dubuque Biodiesel and Chevron Renewable Energy Group each contributed $5,000. IRFA provides $20,000 in funding and manages the program.

Farmers will 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. Program funding is limited and will be awarded on a first-come, first-serve basis. To be eligible, farmers must meet the criteria and follow the procedures outlined at https://iowarfa.org/iowa-on-farm-biodiesel-credit-program/.