US EPA denying small refineries biofuel blending waivers to aid corn, soybean demand

The US Environmental Protection Agency increasingly rejecting requests by small refineries seeking biofuel blending exemptions is likely to aid domestic demand for corn and soybeans, commodity analysts said. Over the past few months, the EPA has been frugal in providing blending waivers to small refineries. A request from 15 small US-based oil refineries to waive off their biofuel blending obligations…