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Trump Pledges Support for Ethanol Even as Administration Stokes Uncertainty

  • President comments on the ethanol industry in speech in Iowa
  • Meanwhile, the EPA is said to re-evaluate biofuel quotas
Non-GMO corn is emptied from a truck at a storage site in Malden, Illinois, U.S., on Wednesday, Sept. 30, 2015. Corn exports by the U.S., the biggest producer, are running 28 percent behind last year's pace as a stronger dollar entices buyers to go elsewhere for cheaper supply.
Photographer: Daniel Acker/Bloomberg
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President Donald Trump reaffirmed his support for the U.S. ethanol industry in an Iowa speech Wednesday, even as his administration stokes uncertainty by considering last-minute changes to the way it mandates domestic consumption.

“By the way, we’re saving your ethanol industries in the state of Iowa just like I promised I would do in my campaign,” Trump said in a speech in Cedar Rapids. “Believe me they are under siege, folks. I don’t know if you know it, but they are under siege.”