Biodiesel Group Says EPA Exemptions on RFS May Cost U.S. Soybean Farmers Billions

Clean Fuels Alliance America has sent a letter to the Environmental Protection Agency (EPA) and a copy to USDA Secretary Booke Rollins, saying EPA’s pending Supplemental Notice on Renewable Fuel Standards (RFS) for 2026 and 2027 may have a major negative impact on the U.S. agricultural economy.

RFS
RFS
(MGN)

Clean Fuels Alliance America has sent a letter to the Environmental Protection Agency (EPA) and a copy to USDA Secretary Booke Rollins, saying EPA’s pending Supplemental Notice on Renewable Fuel Standards (RFS) for 2026 and 2027 may have a major negative impact on the U.S. agricultural economy. “U.S. soybean farmers and processors could lose between $3.2 billion and $7.5 billion in crop value over the next two years if EPA does not completely reallocate recently exempted RFS volumes.” Clean Fuels Alliance America is the largest U.S. trade association for the biomass-based diesel industry. The EPA is co-proposing additional RFS volumes in 2026 and 2027 reallocating completely (100%) or partially (50%) retroactively exempted small refinery exemptions (SREs) for 2023 and 2024, as well as those projected to be granted for 2025. “Biomass-based diesel is essential to America’s farm security, now more than ever. Domestic biodiesel, renewable diesel and sustainable aviation fuel (SAF) production supports 10% of the value of every bushel of soybeans grown in the United States,” said the letter.

Unlock Pro Farmer’s news and market insights that aren’t available online - get our $1 subscription deal.

AgWeb-Logo crop
Related Stories
Mark Knight with Farmers Keeper Financial says the grain markets are way overbought and due for a correction.
Allison Thompson with The Money Farm says the perfect storm has converged to bring massive fund buying into the grain markets and push prices to multi-year highs.
Jamie Gieseke with Paradigm Futures says the charts are bullish for grain markets, especially for corn.
Read Next
Get News Daily
Get Market Alerts
Get News & Markets App