
Senator Todd Young joined colleagues in urging EPA to finalize an import RIN rule and keep the proposed biomass-based diesel volumes. The letter argues that favoring domestic feedstocks would support American farmers facing foreign market uncertainty.
Support for higher domestic-feedstock mandates signals likely firmer demand for soybean oil, supporting soybean complex 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.