Iowa Soybean Association Demand and Advocacy Chief Officer Matt Herman spoke at the NDSU Soybean Symposium saying the Environmental Protection Agency’s multi-year Renewable Fuels Standards is still having an impact on the renewable diesel market. EPA’s targets didn’t hit expectations, leaving some crush facilities in limbo. These crush plants may have to find other ways to remain viable without federally mandated demand. “We’ll have to see these plants really get creative if they want to continue to be financially viable and compete in the export markets,” said Herman. “Maybe compete in some of these other markets that, maybe aren’t financially as attractive, but still helps them keep that plant running profitably.”
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