California’s Proposed Changes to Fuels Program Presents Mixed Bag for Soybeans

After 196 past neutral policy events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% over 20.

• Oct 15, 2019Supplemental Proposed Rule: It Does Account for SREs…But with a Loophole? - American Soybean Association+1.9%
• Mar 14, 2019EPA Proposes RFS RIN Reforms Along with E15 - American Soybean Association-1.4%
• Jun 22, 2017Soybean Industry Supports Biodiesel Industry on Capitol Hill - American Soybean Association+0.8%
• Dec 19, 201710 Years of Biodiesel in the RFS - American Soybean Association+0.5%
• Jan 24, 2019Soy Leaders ‘Engage’ with Biodiesel Industry - American Soybean Association+3.5%

After 554 past neutral policy events, SOY moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.

• Jul 5, 2017ASA: RFS Volumes a Missed Opportunity for Biodiesel - American Soybean Association+6.3%
• Nov 30, 2017RFS Volumes Again Fail to Capture Biodiesel’s Potential - American Soybean Association+1.0%
• Feb 17, 2023American Soybean Association tells EPA to affirm its commitment to a strong RFS+0.2%
• Jan 13, 202312 American Soybean Association representatives testify at EPA public hearing on RFS-1.5%
• Oct 14, 2026Has Biofuel Demand Replaced Export Demand in U.S. Soybean Markets? - American Soybean Association-2.3%