This is a poor policy decision in order to maintain ag production readiness (or, possibly, is blatant handout to the ag industry), very much the same way corn ethanol is a net negative. Crop production should never create competition between human nutritional consumption and transportation.
You also can't give away your overproduction to less well off countries, as you cripple their ag market, preventing them from bootstrapping their own economy.
It's a moot point with transportation electrifying as quickly as it is. I don't have enough knowledge to say what crops we should be planting above and beyond what meets human consumption needs, but I can say without a doubt we should not be subsidizing crop based biofuels (only algae based fuels, only to be used for air and marine transport).