NBB drops nine-year push to shift blending credit to producers credit

In Washington, Reuters reports that the National Biodiesel Board is claiming a win on the recent implementation of anti-dumping duties on Argentine biodiesel imports that it says means it can now drop its nine-year campaign to convert the $1 per gallon blending credit to a producers credit. The association’s main concern was the subsidy would go to foreign producers rather than domestic but now that the main source of imports has been cut off, they don’t see a need to keep pushing for the policy switch.