Ag groups around the country have had mixed reactions to President Biden’s State of the Union address Tuesday. The Renewable Fuels Association says ethanol should be the go-to solution for the dependence the U.S. has on Russia for oil and gas. The organization says the U.S. receives about 600-thousand barrels per day of crude oil and other petroleum-based products, meaning Russia receives $60 million per day from the U.S.
Meanwhile, the National Association of Wheat Growers says concerns over the Russia/Ukraine conflict brings volatility to the markets. The organization says they’re thankful both Republicans and Democrats stand in unity on the issue.
Read more on industry reactions to President Biden’s State of the Union Address here.
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