President Trump to take three-month hiatus from RFS negotiations

In Washington, Reuters reports that President Trump will leave the issue of the Renewable Fuel Standard alone for the next three months in an effort to calm farmers concerned about the impact reduced demand for ethanol would have on rural communities, compounded with expected negative repercussions resulting from the trade war with China. The administrator of the Environmental Protection Agency and Secretary of Agriculture met with the president on Monday to discuss RFS reform options including year-round E15 sales and capping RIN prices.