biofuel News Updates

The move aims to restore biofuels demand for farmers after recent exemptions, while shifting compliance costs to refiners that did not receive breaks.

A bipartisan bill aimed at boosting U.S. biodiesel production was introduced Sept. 30, with supporters arguing it would provide stability for smaller producers.

The EPA gave so-called small refinery exemptions, or SREs, totaling 1.76 billion credits for the 2025 compliance year, after a week of turmoil in the industry.

HF Sinclair is suing the EPA for continuing to delay a decision on exemptions from mandates requiring refiners to blend renewable fuels into gasoline and diesel.

ADM is beefing up its management as it expects clearer U.S. biofuels policy and renewed soybean trade with China to improve the farm economy.

Trucking firms can offset high fuel prices with biodiesel as production of the biofuel rebounds after Renewable Fuel Standard volume requirements were finalized.

The measure, which passed 218-203 in a vote May 13, still needs approval in the Senate, where its prospects are uncertain, and then support from the president.

ADM shares were up 1% in premarket trading. The stock has climbed more than 30% so far this year, bolstered by optimism for policies that increase the use of biofuels. 

The extended closure of the Strait of Hormuz and extreme weather have jolted farm commodities prices to a two-year high.

American imports of Chinese used cooking are set to accelerate as increased U.S. biofuel-blending requirements kick in and the Iran war drives up energy costs, making the feedstock a relative bargain.