EPA’s delay on RFS hitting biodiesel producers hard

In Washington, with the EPA expected to announce RFS blending mandates for 2014 in September at the earliest, the biodiesel industry is suffering from sinking prices as buyers wait on the sidelines until the mandate is announced. The preliminary rule announced in November saw the 2014 mandate mimic the 2013 mandate of 1.28 billion gallons but producers want it sent at 1.7 billion gallons thanks to production last year of 1.8 billion gallons.