
Biofuel companies met White House officials on September 11 to discuss making up for ethanol usage exempted by refinery waivers. A proposed deal would include 500 million gallons from a 2017 court case, additional compliance credits and a 250-million-gallon boost to 2021 biodiesel targets, but no trade associations were invited.
A potential deal to restore exempted volumes and boost biodiesel targets would support corn and soybean oil demand, while limits on future exemptions would tighten supply of renewable fuel credits.
Setelah 318 peristiwa kebijakan bullish sebelumnya, Jagung bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -1,4% sampai +1,5%), dan -0,2% selama 20 sesi.
Setelah 842 peristiwa kebijakan bullish sebelumnya, Minyak Kedelai bergerak median +0,2% selama 5 sesi (52% lebih tinggi; separuh tengah -1,6% sampai +2,1%), dan -0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
White House biofuel talks on Sept 11 about offsetting refinery waivers, including a 250-million-gallon boost to 2021 biodiesel targets, raised expected demand for soybean oil as a biodiesel feedstock.
White House talks on making up for ethanol volumes lost to refinery waivers, including a 250-million-gallon boost to 2021 biodiesel targets, point to higher biofuel feedstock demand and support soybean oil.