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Farm and biofuel groups urge rejecting Trump refinery exemptions

8/28/2026

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Story summary
  • U.S. farm and biofuel groups are urging President Donald Trump’s administration to reject refinery exemptions.
  • They warned the exemptions would crush corn and soybean demand and risk another Iowa farm crisis.
  • Sen. Joni Ernst (R-Iowa) called the exemptions a “handout to Big Oil.”
  • EPA is weighing a jump from about 950 million to up to 1.8 billion RIN credits.
  • The increase could cut 500 million gallons biodiesel demand and cost soybean farmers $1 billion.