Biodiesel

Soy Growers Call on President to Support RFS, Rural America

The American Soybean Association (ASA), along with other agriculture groups, this week sent a letter to President Donald Trump encouraging support for the Renewable Fuel Standard (RFS) and in turn, rural America. The letter praises the President’s April 12 comments on addressing regulatory barriers that prevent year-round sales of higher ethanol blends and also requests … Read More »

Soy Growers Ask President Trump to Support Renewable Fuel Standard

The American Soybean Association (ASA) joined the National Biodiesel Board (NBB) and the National Renderers Association on a letter last week, urging President Donald Trump to keep his promises to support and protect the Renewable Fuel Standard (RFS). Reports indicate the Environmental Protection Agency (EPA) has granted exemptions from RFS volume obligations to several refineries … Read More »

International Trade Commission Votes in Favor of NBB in Antidumping Case

Information provided by NBB The International Trade Commission (ITC) voted 4-0 in favor of the National Biodiesel Board (NBB) Fair Trade Coalition’s position that the industry has suffered because of unfairly dumped imports of biodiesel from Argentina and Indonesia. Last month, the Commerce Department calculated final dumping rates ranging from 60.44 percent to 86.41 percent … Read More »

Soy Growers Discuss Trade, RFS and More on Capitol Hill

Farmer leaders on the board of the American Soybean Association (ASA) met in Washington, D.C. this week to discuss issues impacting the soybean industry and meet with members of Congress to advocate on the priority issues on behalf of more than 300,000 U. S. soybean farmers. Priority issues included trade, the Renewable Fuel Standard (RFS), … Read More »

ACTION ALERT: Rumored RIN Caps from White House

Last week, the American Soybean Association (ASA) voiced strong opposition to a cap on the price of Renewable Identification Numbers (RINS), an action that would significantly undermine the integrity of the Renewable Fuel Standard (RFS). Biodiesel is a significant market for domestic soybean oil and analysis from the National Biodiesel Board (NBB) and the World … Read More »

Biodiesel Tax Credit Part of House Committee Hearing

The House Ways & Means Committee Tax Policy Subcommittee held a hearing on Wednesday to review a group of expired temporary tax credits, such as the biodiesel tax credit. The purpose of the hearing was to review the expired credits to help inform decisions as to whether they should be extended again or made permanent. Following … Read More »

ASA Strongly Opposes RIN Cap

The American Soybean Association (ASA) today voiced strong opposition to a cap on the price of Renewable Identification Numbers (RINs), an action that would significantly undermine the integrity of the Renewable Fuel Standard (RFS). The concept of a cap on RIN prices has been proposed by Sen. Ted Cruz (R-TX) and has been the subject … Read More »

White House Holds Meetings to Discuss RFS, Biodiesel

In response to ongoing requests from anti-Renewable Fuel Standard (RFS) interests, President Donald Trump and the Administration have held multiple meetings with stakeholders, including the U.S. Department of Agriculture (USDA) and biodiesel companies, to hear perspectives and determine if any actions would be agreeable to both sides. Sen. Ted Cruz (R-TX) proposed placing a hard … Read More »

Soy Growers Urge Timely Biodiesel Tax Credit Extension

While the biodiesel tax credit was extended retroactively for 2017, it is once again lapsed for 2018 and beyond. Congressional supporters, especially in the U.S. Senate, continue to push for consideration of an extension of the biodiesel tax credit for 2018 while a longer-term policy is developed. This week, the American Soybean Association (ASA) joined our … Read More »

Success in Antidumping Case for Biodiesel

Information provided by NBB This week the Commerce Department issued a final decision on the question of whether or not Argentina and Indonesia unfairly dump biodiesel imports into the United States. The Commerce Department agreed with the National Biodiesel Board (NBB) Fair Trade Coalition, affirming the agency’s earlier preliminary determination. The decision finalizes that earlier … Read More »