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Iowa Soybean Association explains the current biofuel tax credits for soybean oil-based fuels, including the blenders credit and the 40B and 45Z credits. It describes how 45Z now requires US production and ties the credit value to lifecycle carbon intensity.
The article is an explanatory primer rather than a new policy action.
The credit structure affects future soyoil demand from biofuel producers, but this explainer does not itself announce a change that moves prices.
iasoybeans.comIowa Soybean AssociationOct 1, 2024After 1,419 past policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), 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.
