The EPA announced Wednesday that the final rule for Renewable Fuel Standard (RFS) Set 2 has officially been submitted to the Office of Management and Budget (OMB) for review — a key procedural step before the rule can be finalized and published. This phase allows OMB to evaluate the economic and regulatory impacts before the mandates are implemented.
If the review process moves forward without delay, the updated renewable volume obligations (RVOs) could be in place as early as March. The rule will establish blending requirements for biofuels under the RFS framework, impacting ethanol, biodiesel, renewable diesel, and advanced biofuel markets. As a result, energy markets, grain trade, and the broader biofuels sector are watching closely, since finalized mandates can influence feedstock demand, credit values such as RINs, and overall commodity price direction.
Thursday Market Wrap Up with Sue Martin with Ag & Investment
