The American Soybean Association praised EPA's final 2026-2027 renewable volume obligations, which lift biomass-based diesel blending to about 5.4-5.5 billion gallons. The rule also reallocates 70% of retroactive 2023-2025 small refinery exemption volumes.
A larger biomass-based diesel mandate increases soybean oil use and domestic crush, supporting soyoil prices and soybean demand.
After 842 past bullish policy events, SBO 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, SOY moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 206 past neutral policy events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.