
The American Soybean Association's CEO discusses the importance of domestic biofuel policy to soybean demand amid tariff and geopolitical uncertainty. He highlights the 45Z clean fuel credit amendments, including removal of the indirect land use change penalty and limits on imported feedstocks, along with the 2026-2027 RVOs.
The piece argues these policies shape demand for soybean oil.
Policy support for domestic soybean oil demand through 45Z and RVOs underpins soybean and soyoil prices by reducing reliance on export markets.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.