# The Policy that May Cause $1 billion in Lost Revenue for Farmers

> The Iowa Soybean Association warned that reported expansion of small refinery exemptions for 2025 could exceed 1.8 billion RINs. The group estimates this could eliminate 500 million gallons of biomass-based diesel demand and cost farmers about $1 billion.

- Date: 2026-08-25 · published 2026-08-25T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/15002-the-policy-that-may-cause-1-billion-in-lost-revenue-for-farmers
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

If exemptions reduce biomass-based diesel blending, soybean oil demand would weaken, pressuring soybean oil and soybean prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-08-26 | [ASA Warns Refinery Exemptions Could Cost Soybean Farmers More Than $1 Billion - RFD](https://feedsoft.ai/events/17986-asa-warns-refinery-exemptions-could-cost-soybean-farmers-more-than-1-billion-rfd.md) | +9.0% | +1.1% |
| SBO | 2026-01-15 | [Top Biofuel Priorities That Will Impact Farmers](https://feedsoft.ai/events/15060-top-biofuel-priorities-that-will-impact-farmers.md) | +3.3% | +8.3% |
| SBO | 2025-10-01 | [America's soybean farmers face 'Groundhog Day' with murky biofuel policy \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15082-america-s-soybean-farmers-face-groundhog-day-with-murky-biofuel-policy-agri.md) | +3.1% | +2.7% |
| SBO | 2017-07-06 | [EPA Lowers Proposed Volume Standards for RFS \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/69849-epa-lowers-proposed-volume-standards-for-rfs-farm-bureau-intel-markets-american.md) | +0.8% | +3.0% |
| SBO | 2020-05-11 | [RFA, Other U.S. Farm & Biofuel Leaders Ask Congress for COVID-19 Relief](https://feedsoft.ai/events/52998-rfa-other-u-s-farm-and-biofuel-leaders-ask-congress-for-covid-19-relief.md) | +1.3% | +7.1% |
| SOY | 2026-08-26 | [ASA Warns Refinery Exemptions Could Cost Soybean Farmers More Than $1 Billion - RFD](https://feedsoft.ai/events/17986-asa-warns-refinery-exemptions-could-cost-soybean-farmers-more-than-1-billion-rfd.md) | +6.4% | +7.3% |
| SOY | 2025-08-22 | [The Reconciliation Farm Bill: Top Five Most Problematic Changes to Farm Policy, #3 - farmdoc daily](https://feedsoft.ai/events/23309-the-reconciliation-farm-bill-top-five-most-problematic-changes-to-farm-policy-3.md) | -0.6% | -0.9% |
| SOY | 2024-02-12 | [What are reference prices and why are they in the farm bill?](https://feedsoft.ai/events/31656-what-are-reference-prices-and-why-are-they-in-the-farm-bill.md) | -1.0% | -1.6% |

## Sources

- iasoybeans.com: https://www.iasoybeans.com/newsroom/press-release/reported-refinery-exemptions-could-undermine-domestic-soybean-demand

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.