Story perspectives
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.
