Use of Small Refinery Exemptions Hangs on Definition of “At Any Time”
The 10th Circuit Court ruled that small refinery exemptions (SREs) must be continuous since 2011 in order for the small refinery to eligible for an ongoing exemption. In oral arguments delivered on April 27, small refiners believe that SREs are available as needed and that they are allowed to re-apply “at any time” a hardship develops.
Justice Thomas felt the argument was “odd” in that a refiner could ask for an exemption for something that has terminated. Counsel responded that benefits should be available to small refiners despite a brief lapse in time. This defense seemed to become shaky when Justice Kagan used the example of a small refiner not receiving an exemption since 2011 and was profitable and able to meet obligations through…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...