NBB’s Rehagen says Trump should support biodiesel, soybean growers

The CEO of the National Biodiesel Board says he wants President Trump to return the support he’s gotten from farmers. Donnell Rehagen tells Brownfield the President has relied on soybean growers to be his allies in the trade war with China. Rehagen says that’s why his organization and the American Soybean Association jointly requested a meeting to discuss small refinery exemptions.

“Mr. President, would you please sit down and let us tell you exactly why this issue pertaining to the RFS and these small refinery exemptions are important to us,” Rehagen told Brownfield Ag News Thursday.

The administration can correct the exemptions by increasing Renewable Volume Obligations that come out in the fall, said Rehagen.

“So they have an opportunity to recognize ‘we just granted these exemptions over here to these small refiners; we should take that volume and put it back,’” said Rehagen, “put it back into next year’s demand through this RFS.”

Analysis by University of Illinois economist Scott Irwin says damage to the U.S. biodiesel industry from small refinery exemptions could reach $7.7 billion or more than 2.5 billion gallons.

AUDIO: Donnell Rehagen

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