# U.S. biofuel policies expected to change under Trump

> Argus Media analyst Chris Hairel says Donald Trump's election victory is likely negative for the US biofuel sector on several fronts. Canadian oilseed growers had hoped for gains from US biofuel demand, but benefits have been limited by US imports of used cooking oil from China.

- Date: 2024-11-16 · published 2024-11-16T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/15166-u-s-biofuel-policies-expected-to-change-under-trump
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected policy changes could weaken US biofuel demand for soyoil and canola oil, which would pressure oilseed prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- CANMEAL: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2024-11-25 | 5 | -7.0% | -3.1 | Expected negative Trump-era biofuel policy reduces anticipated soyoil feedstock demand, which is a sentiment driver for the drop. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-05-14 | [Trump Energy Policy Sidelines US Biofuels](https://feedsoft.ai/events/64920-trump-energy-policy-sidelines-us-biofuels.md) | -0.6% | -1.9% |
| SBO | 2024-08-28 | [CARB’s Biofuel Changes Raise Concern - TT](https://feedsoft.ai/events/28882-carb-s-biofuel-changes-raise-concern-tt.md) | +1.5% | +3.5% |
| SBO | 2017-02-28 | [Trump to shift biofuel blending burden off U.S. refiners: sources](https://feedsoft.ai/events/72360-trump-to-shift-biofuel-blending-burden-off-u-s-refiners-sources.md) | +5.2% | -0.2% |
| SBO | 2026-02-03 | [Grain trader ADM's 2026 profit forecast lags expectations amid US biofuel policy uncertainty \| Reuters](https://feedsoft.ai/events/15053-grain-trader-adm-s-2026-profit-forecast-lags-expectations-amid-us-biofuel.md) | +3.1% | +12.2% |
| SBO | 2026-02-01 | [EPA expected to send 2026 biofuel blending quotas to White House this week](https://feedsoft.ai/events/15046-epa-expected-to-send-2026-biofuel-blending-quotas-to-white-house-this-week.md) | +1.0% | +9.5% |
| SOY | 2024-08-28 | [CARB’s Biofuel Changes Raise Concern - TT](https://feedsoft.ai/events/28882-carb-s-biofuel-changes-raise-concern-tt.md) | +4.0% | +8.9% |
| SOY | 2025-10-07 | [Federal Biofuel Policies Likely To Drive Demand For U.S. Corn, Soybeans - Michigan Advanced Biofuels Coalition](https://feedsoft.ai/events/15081-federal-biofuel-policies-likely-to-drive-demand-for-u-s-corn-soybeans-michigan.md) | -1.0% | +10.0% |
| SOY | 2024-11-04 | [Cargill, Bunge Slow Soy Buying on Stalled US Biofuels Policy](https://feedsoft.ai/events/15168-cargill-bunge-slow-soy-buying-on-stalled-us-biofuels-policy.md) | +3.5% | +0.3% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/crops/u-s-biofuel-policies-expected-to-change-under-trump/

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