A new study from S&P Global Energy says expanded biofuel demand could provide a major boost to U.S. agriculture while strengthening rural economies and improving food and energy security. The report, commissioned by U.S. Farmers and Ranchers in Action, warns that slowing population growth, stagnant food demand, and declining gasoline use could significantly reduce grain demand in the future.
Researchers estimate U.S. corn acreage could fall by nearly one-third by 2050 if ethanol blend rates remain unchanged.
USFRA Vice Chair Chip Bowling says the findings show biofuels are “not just an energy solution—they’re an economic engine that could transform farming’s future.”
The study projects global biofuel production could triple by 2050 under a high-growth scenario. Stronger biofuel markets would support farm income, encourage adoption of new technology, and keep U.S. corn acreage near current levels. Increased biofuel production could boost food and feed supplies by 45% compared to baseline projections.
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