Southeast AgNET reports that the EPA's proposed rulemaking classifies grain sorghum ethanol as an advanced biofuel when made with biogas digesters and combined heat and power. Growth Energy CEO Emily Skor calls the move a valuable new market for an important ethanol co-product.
The article describes the proposal as a notice still open to comment.
Advanced biofuel status would open RFS demand for sorghum-based ethanol and its oil co-product, supporting sorghum prices. The change depends on the final rule.
Not enough comparable past events yet for a historical read.
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.