
US biofuel and petroleum groups finalized a deal to raise RFS renewable volume obligations for biomass-based diesel and advanced biofuels to 5.25 billion gallons for 2026. A bipartisan group of lawmakers also urged EPA to finalize the higher blending levels.
A rare consensus on a large increase in biomass-based diesel mandates would significantly boost soybean oil demand for biofuel, supporting soybean and oil prices.
After 842 past bullish policy events, SBO 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, SOY 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.