According to data released late last week, the EPA has granted one additional small refinery exemption (SRE) for 2017 and received three more SRE requests for 2018 since the last reported update (see table below for current counts).
The additional SRE for 2017 was from a very small refinery as the total volume of waivers measured in Renewable Identification Numbers (RINs) did not change from the previously reported 1.82 billion (the volume reporting moves in increments of 10 million gallons). The process used to grant SREs for 2018 is under review by the EPA and Department of Energy; slowing the pace is a top priority of ethanol advocates in Congress. Senator Charles Grassley (R-Iowa) sent a letter to Energy Secretary Rick Perry last we...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
