Biodiesel Industry Seeking Relief

Cindy Zimmerman

Soybean farmers and biodiesel producers are both being impacted by small refinery exemptions (SREs) and the uncertainty of no biodiesel tax credit yet. Illinois farmer Rob Shaffer, American Soybean Association (ASA) director and chair of the organization’s Biodiesel and Infrastructure Committee, brought up the issue during a Farm Progress Show listening session with USDA Secretary Sonny Perdue last week. He also asked about the biodiesel tax credit, which is now lapsed 20 months ago, and got an answer from Rep. Darin LaHood (R-IL-18).
Illinois farmer Rob Shaffer at FPS19 Ag Forum

Leaders of both the National Biodiesel Board and ASA have requested a meeting with President Donald Trump to discuss small refinery exemptions and the RFS but Shaffer said as of last week they had not heard back on that.

In this interview, Shaffer talks about how biodiesel producers have suffered the greatest impact from the administration’s small refinery exemptions and plants from Pennsylvania to Iowa to Georgia and Texas are closing as a result of demand destruction.
Interview with ASA director Rob Shaffer, Illinois

2019 Farm Progress Show photo album

ASA, Audio, Biodiesel, Biofuels, Soybean