U.S. biofuel rules to throttle canola

the Renewable Fuel Standard renewable volume obligations (RVOs). The biomass-based diesel mandate, which includes biodiesel, renewable diesel and sustainable aviation fuel, was set at 5.61 billion gallons for 2026 and 5.86 billion gallons for 2027. That is a massive increase from the 3.35 billion gallon mandate for 2025 and is even higher than the 5.25 billion gallons that a coalition of oil and biofuel groups had been lobbying for. That is good news for Canada’s crushers and canola farmers. The bad news is that the EPA also proposed that foreign biofuels and feedstocks would only generate 50 per cent of the Renewable Identification Numbers (RIN) credit value relative to U.S. biofuels and feedstocks. “That’s unfortunate,” said Vervaet. “They’re proposing a 50 per cent haircut, if you will.” The American Soybean Association was thrilled with the “new concept.” “As soybean farmers struggle to maintain biofuel feedstock market share amid the rapidly growing flood of cheap, foreign ...