WASHINGTON – Senator Chuck Grassley (R-Iowa) and several of his Senate colleagues today called on the Biden administration to explain its delay in providing financial assistance to the affected Iowa biofuels industry negatively by the COVID-19 pandemic.
In June 2021, the United States Department of Agriculture (USDA) announced $ 700 million in assistance to biofuel producers under the USDA Pandemic Assistance for Producers initiative. The USDA press release indicated that this assistance would be implemented within 60 days. Today, more than 120 days later, biofuel producers are still waiting.
“We are concerned about the delay in financial assistance to our country’s biofuels sector during the unprecedented economic circumstances caused by the COVID-19 pandemic. … It is simply unacceptable that more than 120 days have passed since your announcement and biofuel producers are still waiting. … It is high time that our hard-working biofuel producers received the essential help you promised ”, wrote the senators.
Grassley has been a strong advocate for the biofuels industry, especially as farmers have faced many obstacles related to the COVID-19 pandemic, extreme drought and devastating derecho. More recently, he introduced legislation to ensure that Iowa farmers and biofuel producers also receive additional support through the Commodity Credit Corporation amid the pandemic.
The full text of the letter can be found HERE.