Trump's biofuel production targets unmet as U.S. plants lag

President Donald Trump's initiative to boost bio-based diesel production is facing challenges as U.S. plants are not meeting his set targets. This production gap carries political and economic risks, potentially leading to higher renewable fuel credit prices and forcing the administration to consider lowering mandates. Operating rates at U.S. biodiesel and renewable diesel facilities in May were significantly below the 90% capacity assumed for the Environmental Protection Agency's 2026 blending targets.