Tidbits, Options on Grain Futures Examples, Biofuel Exemptions, The Black Sea 8/30/26
- Wright team
- 2 hours ago
- 5 min read
Tidbits
Biofuel: Tomorrow is the deadline for EPA to announce its decision for 2025 Small Refinery Exemptions (SREs). That does not mean a decision will be announced. Much bickering has transpired about the exemption applications because an exemption reduces the demand for ethanol. Trump is on record of favoring the exemptions to reduce the price of gas at the pump. Opponents of the exemption claim all the exemption does is pad the profits of refineries and reduce ethanol demand.
Since his recommendation was made to the EPA to approve the SREs, he was criticized for hurting the farm economy. Trump then offered to increase the 2027 biofuel requirements by roughly 500 million gallons to compensate farmers and biofuel producers for the lost demand caused by the 2025 SRE.
The Clean Fuels Alliance America and the Iowa Renewable Fuels Association argue that future reallocations will not prevent immediate damage, warning that the expanded waivers could cost soybean and corn farmers over $1 billion in lost revenue.
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