*Please Note – Bob Lane was out of the office today and will return on Tuesday, November 28, 2023.
On November 22, a U.S. appeals court struck down a decision to deny small refiners waivers that would exempt them from compliance under the Renewable Fuel Standard (RFS) program.
In July of this year, the U.S. EPA denied 26 petitions from small refineries seeking small refinery exemptions (SREs) under the RFS. The action removed all but two outstanding SRE petitions for compliance years spanning 2016 through 2023. The following month, however, four refiners asked the U.S. appeals courts to review the EPA’s July action. The companies included Hunt Refining Company, San Antonio Refining Company, Calumet Shreveport Refining and Calumet Montana Refining.
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07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...