
EPA is expected to send its 2026 biofuel blending quotas to the White House this week. The agency is weighing a slightly lower range of 5.2 to 5.6 billion gallons for biomass-based diesel in 2026.
Any change to the biomass-based diesel volume alters expected soybean oil demand from renewable diesel and biodiesel, and shifts fuel credit values, which can move soybean oil and crush margins.
After 554 past neutral policy events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
After 351 past bearish policy events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% 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.