The American Soybean Association is urging all U.S. soybean producers, their family members, and agribusinesses to voice concerns with the Environmental Protection Agency's proposed rule on the implementation of the expanded Renewable Fuel Standard. The ASA says the proposed rule would do unnecessary harm to the competitive position of the U.S. soy biodiesel industry.
ASA President Johnny Dodson says as the rule is written, soy biodiesel would no longer qualify under the specific federal mandate for biomass-based diesel use. This places the future of the U.S. biodiesel industry in jeopardy.
"If you have a vested interest in the future profitability of soybeans, please take a minute to send a letter to Environmental Protection Agency Administrator Lisa Jackson," Dodson said. "A loss of the domestic biodiesel market would significantly decrease prices paid to U.S. farmers for their soybeans."