Out of nowhere last Tuesday, the biofuels industry became the hot topic. Amid all of the other "political" issues, biofuels had gotten little attention, especially with a new agriculture secretary not yet confirmed.

The rumors suggested the discussions about biofuels may have originated with one of Trump’s biggest supporters, Carl Icahn. And despite the market reaction, there’s no assurance any changes might have positive repercussions for corn ethanol in particular.

The key point of discussion in the ethanol industry surrounded the "point of...