Growth Energy asked a federal court on Friday to direct EPA to reallocate biofuel gallons lost to small-refinery exemptions in 2018, adding them to the 2019 renewable volume obligations.
Business & Inputs
Ethanol and agriculture groups say the Trump administration still has not fulfilled a number of promises made to the biofuels industry.
Domestic ethanol inventories increased for the first time in three weeks during the week ended Sept. 18 as implied demand continued the up-down pattern seen over the past four weeks, data released by the Energy Information Administration on Wednesday, Sept. 23, show.
Two federal lawmakers expressed concerns about the recent direction of ad-hoc funding, in light of the COVID-19 economic shutdown.
Archer Daniels Midland filed a motion in federal court this week to dismiss a lawsuit filed by Green Plains Inc. that alleges ADM manipulated the ethanol market.
EPA on Monday announced it will deny all pending small-refinery exemption requests for 2011-2018 and will also continue work on E15 labels.
Ag Interest Rate
|DTN Ag Interest Rate Snapshot|
|TODAY||- LAST YEAR|
|CCC Loan Rate||1.125||2.875|
|Real Estate *||3.94||4.72|
|Feeder Livestock *||4.31||5.05|
|Farm Machinery *||4.88||5.57|
|* Federal Reserve's quarterly average|
|effective interest rates at ag banks.|
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