Growth Energy on EPA’s RVO proposal: “Huge win for rural America and biofuel producers”

The biofuel sector has received some welcome news as the EPA proposes major increases to renewable fuel volume requirements through 2027, exceeding what the industry had expected.

Growth Energy General Counsel Joe Kakesh joined RFD-TV’s Tammi Arender to discuss his big takeaways from the proposal, how this benefits both farmers and ethanol producers, and the next steps in the RVO process.

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Ethanol demand held together last week, but lower production and thinner stocks put more focus on export strength. Production capacity is also strengthening over time and benefiting soybean farmers.
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Higher biofuel mandates boost long-term crop demand, but a tighter D4 market may pressure biofuel feedstocks and pose new soybean oil demand risks.
According to a tweet from Rep. Anna Paulina Luna, the full House vote on the Farm Bill will be held until lawmakers return from recess.
The House is moving forward with debate on the Farm Bill after a lengthy session in the House Rules Committee cleared the legislation for floor consideration.
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