NEWS
Wed May 14, 2014 03:27 PM CDT

STREATOR, Ill. (DTN) -- The $1-per-gallon tax credit for blending biodiesel or renewable diesel into petroleum-based diesel that lapsed Dec. 31, 2013, has resulted in nearly eight out of 10 production plants across the United States scaling back production with nearly six out of 10 of those plants now idled, according to a survey released Wednesday, May 14, by the National Biodiesel Board.

Two-thirds of producers said they have already reduced or anticipate cutting their workforce as a result of the downturn.

The survey of NBB members was conducted between Apr. 14 and Apr. 25. Fifty-four biodiesel producers from across ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Herd Booster In 1935, in an effort to help ranchers hit hard by the Dust Bowl, the U.S. government bought 547 ...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Taxlink by Andy Biebl What farmers consider a hedge may be speculation in the eyes of IRS -- and that significantly alt...
  • Woodbury: Family Business Matters Consider whether you want your legacy to be measured by the size of your bank account, your inves...
  • Ask the Vet Some tips on fly control.
Related News Stories
EPA Sends RFS to OMB
Ethanol Stocks at 3-Week High
DTN Daily Ethanol Comments
Ethanol Blog
ACE Elects Board of Directors
Ethanol Blog
Ethanol Stocks, Production Decline
Pattison Pleads Guilty to RIN Fraud
Ethanol Blog
RFS 2013 Compliance Extended