New federal biofuel regulations from the Environmental Protection Agency could directly influence commodity markets, according to an agricultural economist. Ben Brown shared with Brownfield that the agency’s proposal from last summer outlined higher blending mandates for ethanol and additional renewable fuels.
“That will probably have to be coupled with the small refiner exemptions, in-terms of how they’re” implemented, Brown explained regarding the final Renewable Volume Obligations and their potential market effects on corn and soybean pricing.
