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Farm, Biofuel Leaders Embrace EPA’s New Position on Tenth Circuit’s Small Refinery Waiver Decision

Today, the U.S. Environmental Protection Agency announced that it is supporting  the Tenth Circuit Court’s January 2020 decisionin Renewable Fuels Association et al. v. EPA. After careful review of the decision, EPA’s new leadership agrees with both the court and the biofuel litigants that small refinery exemptions were meant to be temporary and that only pre-existing exemptions may be “extended” by the agency.
 
EPA states that it “agrees with the court that the exemption was intended to operate as a temporary measure and, consistent with that Congressional purpose, the plain meaning of the word ‘extension’ refers to continuing the status of an exemption that is already in existence.”
 
The four petitioners in the case—the Renewable Fuels Association, National Corn Growers Association, American Coalition for Ethanol and National Farmers Union—released the following statement:
 
“Our nation’s biofuel producers and farmers appreciate EPA’s careful review of the Tenth Circuit Court’s decision, and we are pleased the agency’s new leadership is reversing the previous administration’s flawed position on small refinery exemptions. 
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USDA surprised with higher 2026 U.S. corn yields but it’s early with just over 20% of the U.S. harvest complete. NE, IA and IL corn and soybean yields continue to hold up the national average corn and soybean yields.
U.S. corn crop conditions fell 3% to 54% G-E and NE corn yield goes up 11 bpa with the 2nd wettest to record wet month of September and harvest only 15% complete??????
Some regions in the U.S. had the hottest summer in 140 years while others had record flooding?????
The Black Sea region is worse not better.
Brazilian real rally.
Brazil looks dry into November.
+ CFTC.