No reinstatement of the Blenders Tax Credit for 2018 could lead to increased domestic soybean oil demand 

Champions of the biodiesel industry, specifically Iowa’s Senator Grassley, worked diligently to get the BTC put in place retroactively for 2017, but couldn’t quite get a consensus for an extension through 2018. That creates some opportunity for domestic biodiesel producers and presents increased demand on soybean oil and other biodiesel related feedstocks…