EPA seems to have an ongoing struggle with how they handle implementing the Finalized RVO rules. The Clean Air Act stipulates the final rule needs to be approved and in place by November 30 of the year prior to the rule taking effect. For 2021, that would have been Nov 30, 2020. Proposed rules are often issued in May or June to provide time for comment.
This is not the first time the Renewable Fuel Standard has been operating without RVO’s in place. In 2013 the final rule was not enacted until August of 2013. Then, like now, the market is struggling with ethanol blend wall concerns. EPA followed up the 2013 final rule with a proposed rule for 2014 later in the month.
The 2014 proposed rule stated the EPA was unwilling to push ethanol production past the blend wall. The EPA went as far as lowering the amount of renewable fuel to be blended into the nation’s transportation…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...