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BIO and other U.S. biofuel and agriculture groups sent a letter to EPA Administrator Scott Pruitt on the proposed 2019 cellulosic volumes. The letter urges EPA to give closer attention to corn kernel fiber ethanol and its D3 RIN pathway.
Faster approval of corn kernel fiber cellulosic ethanol could add ethanol capacity and corn-linked demand over time. The letter is advocacy on a proposal, so near-term price impact is minimal.
bio.orgFeb 15, 2018After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
