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NOPA and the American Soybean Association sent a joint letter to President Trump on Nov. 12 urging finalization of biofuel policies, including strong biomass-based diesel volumes in the RFS and limits on RFS credits for foreign feedstocks.
They also asked Treasury to finalize 45Z clean fuel credit guidance without delay.
Finalizing supportive biofuel rules would lift domestic soybean oil demand and crush margins, which supports soybean oil and soybean prices.
nopa.orgSophia SacklehNov 12, 2025After 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.
