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A US oil and biofuel coalition met with the EPA to push for biomass-based diesel mandates of 5.5 to 5.75 billion gallons, up from the current 3.35 billion gallons. The coalition document was viewed by Reuters.
Higher RFS volume mandates would increase demand for soybean oil and other feedstocks used in biodiesel and renewable diesel, supporting vegetable oil prices.
reuters.comJarrett Renshaw, Stephanie KellyApr 1, 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.
