Report: U.S. Biodiesel Outlook Fueled by Legislative Changes

摘要

Adjustments to the U.S. federal Renewable Fuel Standard (RFS) at the end of 2013 set up an environment for a stable, long-term outlook for biodiesel demand, according to a new report released February 25 from Rabobank Food & Agribusiness Research and Advisory Group. “We saw a record level of biodiesel production in 2013 due to the expiration of the US$1 dollar per gallon tax credit on biodiesel production and an anticipated soybean shortage in 2014,” said report author and Rabobank analyst Al Griffin in a statement.