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…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...