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What does EPA's RFS delay mean to corn prices?

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For someone who follows the corn market as closely as I do, I don't understand how the EPS's deferred Renewable Fuel Standards mandate will impact the corn price...

For example, how would a retro-active blending mandate work? How are corn, ethanol, and RINs reacting? What does it mean at least short term?

Anyone really know?

Author : Michael Dales

Date Posted : 11/22/2014 6:20:05 PM

Re:What does EPA's RFS delay mean to corn prices?

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"EPA is responsible for developing and implementing regulations to ensure that transportation fuel sold in the United States contains a minimum volume of renewable fuel. The Renewable Fuel Standard (RFS) program regulations were developed in collaboration with refiners, renewable fuel producers, and many other stakeholders.
The RFS program was created under the Energy Policy Act (EPAct) of 2005, and established the first renewable fuel volume mandate in the United States. As required under EPAct, the original RFS program (RFS1) required 7.5 billion gallons of renewable- fuel to be blended into gasoline by 2012."

Link/URL: http://www.trivediscience.com/agriculture/

Author : Phil

Date Posted : 11/27/2014 6:53:13 AM

Re:What does EPA's RFS delay mean to corn prices?

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