# Trump administration tells oil and biofuels groups to hash out new biofuel policy | Reuters

> The Trump administration asked oil companies and farm groups to reach a consensus on a new biofuel policy. The article text is brief and gives few specifics on the proposal.

- Date: 2025-03-27 · published 2025-03-27T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/15136-trump-administration-tells-oil-and-biofuels-groups-to-hash-out-new-biofuel
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Policy uncertainty over biofuel mandates keeps soybean oil demand outlook unclear, so the price effect is limited until details emerge.

## Read by commodity

- SBO: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2025-03-31 | 1 | +5.3% | 4.7 | On March 27 the Trump administration pushed oil and farm groups toward a consensus biofuel policy, raising expectations of higher biomass-based diesel demand and so soybean oil feedstock demand, which plausibly set up the rally. |
| SBO | 2025-03-31 | 5 | +7.5% | 2.8 | On March 27 the administration pushed oil and farm groups toward a consensus biofuel policy, which raised expectations of stronger biomass-based diesel demand for soybean oil. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-03-24 | [No word yet from Trump administration on refinery biofuel waivers - Grassley](https://feedsoft.ai/events/54005-no-word-yet-from-trump-administration-on-refinery-biofuel-waivers-grassley.md) | +2.8% | -3.0% |
| SBO | 2019-12-18 | [Ag, biofuel groups appeal to President for 'direct intervention' on RFS](https://feedsoft.ai/events/55456-ag-biofuel-groups-appeal-to-president-for-direct-intervention-on-rfs.md) | +0.2% | -2.3% |
| SBO | 2020-04-17 | [Coronavirus spurs new clash between Big Oil and Big Corn over U.S. biofuels](https://feedsoft.ai/events/53532-coronavirus-spurs-new-clash-between-big-oil-and-big-corn-over-u-s-biofuels.md) | -2.6% | -1.4% |
| SBO | 2021-04-16 | [EPA seeks oil, corn sectors' input on next phase of U.S. biofuel policy -sources](https://feedsoft.ai/events/47460-epa-seeks-oil-corn-sectors-input-on-next-phase-of-u-s-biofuel-policy-sources.md) | +9.2% | +17.8% |
| SBO | 2017-03-16 | [Lawmakers press Trump to deny calls to overhaul biofuels program](https://feedsoft.ai/events/71860-lawmakers-press-trump-to-deny-calls-to-overhaul-biofuels-program.md) | +4.0% | -3.0% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/trump-administration-tells-oil-biofuels-groups-hash-out-new-biofuel-policy-2025-03-27/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.