EPA has sent its proposed Renewable Fuel Standard volume obligations for 2026-2028 to the White House for review. The rule was delayed past the statutory deadline, and Administrator Lee Zeldin said a public comment period will follow.
Industry groups have requested a 5.25 billion gallon biomass-based diesel volume.
Higher biomass-based diesel mandates raise demand for soybean oil and crush margins, supporting soybean and soybean oil prices. The final volumes will set the outlook for biofuel feedstock use.
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.