The ethanol industry was hoping for some positive news following the EPA’s mandate reductions for ethanol during 2020 and 2021. Instead, the Supreme Court declined to review an Appellate Court ruling that found the EPA could not authorize year-round sales of E15, further hampering hopes for increased supply for ethanol.
The EPA issued a rule in June 2019 extending the 1-pound-per-square-inch (psi) Reid vapor pressure (RVP) waiver to E15. Prior to the rule, E15 could not be used to fuel non-flex fuel vehicles during the summer months.
On June 10, 2019, a petition was filed with the D.C. Circuit Court of Appeal to review the EPA’s rule. Oral arguments pertaining to the challenge were heard by the Court in April 2021. On July 2, 2021, the court issued its opinion that the EPA rule exceeded the agency’s authority. As a result, the court vacated the portion of the rule that…
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.