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Incentivizing Biodiesel
Among the benefits of biodiesel use in Missouri is a two-cent tax credit for retailers to blend B-5 to B-10 biodiesel. Missouri Soybeans Market Development Director Matt Amick says the credit is as high as five cents for blends of B-11 or higher. Along with less harmful emissions, there is added incentive for farmers using the renewable fuel.
Learn more at mosoy.org. Brought to you by Missouri’s soybean growers and their checkoff.
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