
Oil, biofuel, and farm groups presented a unified RFS request to the EPA, including a 5.25 billion gallon biomass-based diesel volume and a 15 billion gallon ethanol differential. The EPA is deciding RVOs for 2026-28 and is expected to finalize them later this year.
Broad industry agreement raises the likelihood of higher biofuel mandates, which would support soybean oil demand and corn-based ethanol volumes.
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.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% 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.