The National Biodiesel Board (NBB) last week elected American Soybean Association (ASA) Board member Mike Cunningham as the new vice chairman of the organization. Cunningham is a farmer from Bismark, Illinois. The agenda included updates on the status of federal and state policy intitiatives, such as the federal biodiesel tax credit and Renewable Fuel Standard (RFS), as well as discussion …
#Biobased Petro Alternative from #Soybeans
As companies continue to focus on sustainability and the development of more “natural” products, they are looking to biobased chemicals and products as the platform for more Earth-friendly wares. One example is BioSynthetics Technologies who was featured during the 2016 Biobased Stakeholders Dialogue that recently took place at USDA headquarters in Washington, D.C. The company is a USDA transfer partner …
#Corn and #Soy Groups Testify for #RFS
Leaders for the National Corn Growers Association (NCGA) and American Soybean Association (ASA) were among the more than 120 who testified at an EPA field hearing in Kansas City in support of statutory volume obligations for biofuels under the Renewable Fuel Standard (RFS). NCGA president Chip Bowling of Maryland urged EPA to follow the law and finalize the 2017 conventional …
Long-Term Biodiesel Tax Incentive Bill Introduced
U.S. Representatives Kristi Noem (R-SD) and Bill Pascrell (D-NJ) have introduced legislation to extend the biodiesel tax incentive through 2019 and modify the program to become a domestic production credit. The $1-per-gallon biodiesel tax credit has been lapsed and reinstated multiple times. It is scheduled to expire yet again on December 31, 2016. This bill would extend the incentive three …
Minnesota Biodiesel Looks to Make it in Big Apple
A group of Minnesota soybean farmers recently made the trip to New York City to see how one of their products, biodiesel, is making a big splash in the Big Apple. This article from the Minnesota Soybean Research & Promotion Council says the group was able to see several success stories of the green fuel being used in the big …
Team is Theme for Biodiesel Chair at #NBB16
National Biodiesel Board chairman Ron Marr with Minnesota Soybean Processors addressed the second general session of the 2016 National Biodiesel Conference with the message of teamwork to accomplish industry goals. “As a team we have a shared drive and commitment to go out and win,” said Marr. “And as an industry, we have fought hard and had many successes but …
#NBB16 Biodiesel Lifetime Achievement Award
Mike Livergood is retiring this year from ADM after nearly four decades with the company and for his many years of service to the industry, he received the Eye on Biodiesel Lifetime Achievement award this year at the National Biodiesel Conference in Tampa. Livergood has been at the forefront of helping develop the biodiesel industry, even before it was commercialized …
Oilseeds, Corn Rise on Biodiesel, Ethanol Numbers
Futures prices for oilseeds, such as soybeans, as well as the price of corn rose after the federal government’s announcement on the amount of biodiesel and ethanol to be blended into the nation’s fuel supply. This report from Nasdaq says soybean prices rose to a five-week high, while corn prices also saw some gains. Buying in the soybean-oil market also …
Biodiesel Industry Welcomes #RFS RVO Numbers
The Environmental Protection Agency (EPA) announced the final renewable volume obligations (RVOs) for the Renewable Fuel Standard (RFS) for years 2014, 2015 and 2016 as well as the volumes for the biomass-based diesel category for 2014-2017 that includes biodiesel volumes. The volumes were raised since the proposal in May 2015 and the National Biodiesel Board (NBB) welcomed the improved #RFS …
Biodiesel & Bioheat Forum Great Success
Minnesota Soybean Research and Promotion Council (MSRPC) hosted the Biodiesel/Bioheat Forum recently and it was a huge success said Keith Schrader, Chairman of MSPRC. He told DomesticFuel that what promoted the Council to put the event together was having gone to New York City for the past few years to participate in the Bioheat Tour. “So I went out this …