Kommersant reported the ban would be lifted only on pipeline exports of diesel, and that volumes may be subject to quotas to avoid surges in wholesale prices.
Two small refiners are once again challenging the Environmental Protection Agency’s (EPA) decision to deny small refinery exemptions (SREs) under the Renewable Fuel Standard (RFS).
Chinese exports to the Group of Seven (G7) industrial nations have seen a notable 7% decrease between March 2022 and August of this year, according to Geneva-based Trade Data Monitor.
U.S. processors crushed 169.0 million bu. of soybeans during August, according to USDA, which was 2.6 million bu. less than the average pre-report estimate.
This collaboration aims to meet the surging demand for low-carbon biofuels, which are increasingly powering various modes of transportation, including trucks, buses, and airplanes.
The Senate Ag Committee is actively considering increased oversight of foreign investments in U.S. farmland, prompted by growing concerns, particularly regarding China.
A recent report highlights that food insecurity remains a pressing issue even six months after the conclusion of expanded government assistance programs designed to address pandemic-related challenges.