Farm groups are awaiting the release any day of USDA’s requirements for $16 billion in direct payments to compensate producers for the market losses caused by the coronavirus crisis. OMB completed its review of the planned program on Friday.
The biofuel industry is eagerly anticipating a decision from the Trump administration on future small refinery exemptions this week, while Agriculture Secretary Sonny Perdue heads to Capitol Hill for a grilling on the Market Facilitation Program, food stamps and other issues.
Advanced biofuels made from fibers of corn stover, grasses, wood, and other plants were once pitched as the next boon for the renewable fuels industry, but now their future is cloudy at best as several flagship plants have ceased commercial production.
A federal appeals court heard arguments about the Environmental Protection Agency’s use of biofuel mandate waivers for small refineries, but some question if there will be a case of judicial pingpong with no court finding itself the right panel for a challenge.