Stockpiled RINs hold potential to reduce corn demand
Ethanol Producer Magazine
By Kris Bevill March 21, 2012
A recent analysis published by the University of Illinois agricultural and consumer economics department suggests that while the U.S. renewable fuel standard (RFS) mandate for corn ethanol implies greater demand for corn in 2012 compared to the previous year, actual demand could be up to 20 percent less than the mandate requires due to a banking provision in the renewable identification number (RIN) trading systems.
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