The EPA is expected to conduct a notice-and-comment rulemaking process each year in order to determine the appropriate standards applicable in the following year. The statutory deadline for the final rule is November 30. In an effort to accomplish this deadline, EPA strives to issue a Notice of Proposed Rule Making (NPRM) in the spring of each year.
The EPA sent the 2021 biofuel blending requirements to the White House for review on Friday, according to Politico. The proposed rule will cover 2021 blending requirements for cellulosic biofuel, advanced biofuel, and total renewable fuel. It will also include the proposed 2022 percentage standard for biodiesel. Biodiesel standards are due 13 months in advance.
The Biodiesel segment of the biofuels program is optimistically hoping to see higher blending requirements in 2022….
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...