# Vilsack warns against restricting biofuel feedstocks | Agri-Pulse Communications, Inc.

> Agriculture Secretary Tom Vilsack warned that restricting foreign biofuel feedstocks such as used cooking oil for the 45Z clean fuels tax credit could prompt retaliation against US farm exports. More than 40 lawmakers have asked Treasury to limit 45Z eligibility to domestic feedstocks.

- Date: 2024-09-10 · published 2024-09-10T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/15187-vilsack-warns-against-restricting-biofuel-feedstocks-agri-pulse-communications
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Possible retaliation could hit US corn, soybean and pork export demand, while domestic-only feedstock rules would raise demand for US soybean oil and reduce imported waste oil use.

## Read by commodity

- SBO: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-02-08 | [USDA raises corn, soybean ending stocks in latest WASDE \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/31629-usda-raises-corn-soybean-ending-stocks-in-latest-wasde-agri-pulse.md) | -1.6% | -2.7% |
| SOY | 2024-07-10 | [Oilseed industry worries rise in imported feedstock will undermine U.S. producers \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15203-oilseed-industry-worries-rise-in-imported-feedstock-will-undermine-u-s.md) | -6.1% | -11.5% |
| SOY | 2023-12-13 | [House panel calls for targeting China with tariffs, protecting ag from retaliation \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14794-house-panel-calls-for-targeting-china-with-tariffs-protecting-ag-from.md) | -0.8% | -7.0% |
| SOY | 2021-08-04 | [USTR pushing Mexico on biotech; still formulating China plan \| 2021-08-04  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45530-ustr-pushing-mexico-on-biotech-still-formulating-china-plan-2021-08-04-agri.md) | +4.0% | -6.7% |
| SOY | 2020-07-01 | [Cheers for USMCA, but ag concerns persist \| 2020-06-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52082-cheers-for-usmca-but-ag-concerns-persist-2020-06-30-agri-pulse-communications.md) | +1.2% | +0.8% |
| CORN | 2023-01-19 | [Taylor: US tells Mexico biotech corn restrictions won’t stand \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/37747-taylor-us-tells-mexico-biotech-corn-restrictions-won-t-stand-agri-pulse.md) | -1.6% | -1.2% |
| CORN | 2024-02-08 | [USDA raises corn, soybean ending stocks in latest WASDE \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/31629-usda-raises-corn-soybean-ending-stocks-in-latest-wasde-agri-pulse.md) | -1.4% | +1.6% |
| CORN | 2023-04-05 | [Mexico makes its case against GM white corn \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/36381-mexico-makes-its-case-against-gm-white-corn-agri-pulse-communications-inc.md) | -0.1% | -2.2% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/21611-vilsack-warns-against-restricting-biofuel-feedstocks

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