The American Soybean Association and NOPA sent a joint letter to President Trump on Nov. 12 urging completion of EPA's 2026-2027 RFS volumes, limits on RIN credits from foreign feedstocks, curbs on used cooking oil and tallow imports, full reallocation of waived volumes, and 45Z Treasury guidance.
ASA CEO Stephen Censky said the decisions in coming weeks will affect farmer profitability.
Supportive final rules and import curbs would shift feedstock demand toward domestic soybean oil, supporting soybean oil and soybean prices.
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.