Study Finds Gas Car Ban Would Hurt Biofuels and Farmers

Oct 30, 2020

By Cindy Zimmerman

The Agricultural Retailers Association (ARA) has just released a study on the impacts of increased electric vehicle penetration on U.S. biofuels, agriculture and the economy. Proposals to ban internal combustion engine vehicles by 2035 and 2050 served as the economic models for the study, along with a base case provided by the U.S. Energy Information Administration’s Annual Energy Outlook.

The study found that U.S. light-duty and freight vehicle consumption of ethanol and biodiesel could decline up to 90 percent to 1.1 billion gallons and up to 61 percent to 0.8 billion gallons, respectively.

Corn and soybean consumption could decrease by up to 2.0 billion bushels and up to 470 million bushels, respectively. Corn prices fall up to 50 percent to $1.74 per bushel, while soybean prices fall up to 44 percent to $4.92 per bushel.

Overall, U.S. net farm income would decrease by up to $27 billion due to a proposed ban.

This study makes clear that an internal combustion engine vehicle ban could devastate the agriculture community.

Click here to see more...

Video: my new barn is destroyed

Welcome to our family farm in Ontario! Join us as we share what it takes to raise healthy laying hens and produce top-quality Grade A eggs — and now, we’re taking things a step further by producing specialized eggs used in vaccine development!

Every day brings something new: gathering fresh eggs, mixing feed, planting and harvesting crops, and raising our hens from day-old chicks to productive, happy birds. Once the chores are done, the work doesn’t stop — you’ll find us fixing equipment, welding, restoring classic cars, or tackling unexpected projects around the farm.

If you love farm life, agriculture, and behind-the-scenes action, hit that subscribe button and come along for the ride. There’s always something exciting happening on the farm — and we can’t wait to share it with you!