Increased U.S. Refinery Exemptions May Have Implications for Canola

The American Soybean Association (ASA) is warning that a sharp increase in small refinery exemptions under the U.S. Renewable Fuel Standard could significantly weaken domestic soybean oil demand, with potential implications extending into the canola market. In a new release Tuesday, ASA said recent reports suggest exemptions for the 2025 RFS compliance year could exceed 1.8 billion Renewable Identification Number credits under a revised methodology now being considered. That would be nearly doub