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Federal biodiesel blending tax incentive set to expire

The U.S. biodiesel blending tax incentive is set to expire after this year which could lower blending volumes if not extended.

Illinois Soybean Association board member Ron Kindred tells Brownfield the federal biodiesel incentive provides an extra dollar per gallon to blenders…

“We’ve been working on this for a while, trying to get another five-year extension on there before this one expires, so it gives a little certainty to the biodiesel producers,” he said.

Federal biodiesel blending tax incentive set to expire

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