The bill titled the Heath and Economic Recovery Omnibus Emergency Solutions (HEROS) Act will begin in the House and move to the Senate. The House has scheduled a vote for Friday, where it is expected to pass. The Senate and the White House are currently not as interested in an additional stimulus package at this time, preferring to see wait and see how the economy reacts to recent stimulus passed as markets slowly reopens. The measure may not pass the Senate.
Within the HERO act, is a program titled the Renewable Fuel Reimbursement Program (RFRP). The RFRP would make funds available to any domestic entity/facility that produced qualified fuel during 2019. The program provides a 45 cent-per-gallon payment for qualified fuel produced by eligible entities during the period January 1, 2020 through May1, 2020.
Eligible entities unable to produce qualified fuel…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...