According to American Soybean Association Biodiesel and Infrastructure Advocacy Team Chair Dave Walton, the EPA Renewable Fuels Standard draft rule stalled numerous biodiesel projects. The Iowa farmer said the projected crush capacity was not considered when setting volumes. “There were 19 plants that were either new construction or expansion that were in the works at the time.” Walton told RRFN only a few plants that were close to completion are still being built. Without the projected growth in crush capacity, Walton believes the basis will not improve which will cost producers in the long run.
