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Jonathan Martin of Clean Fuels Alliance America discusses growing US biodiesel and renewable diesel demand. He points to the push for cleaner heavy-duty transport fuels and the impact of the 2023 Farm Bill and the Renewable Fuel Standard.
Expected growth in biomass-based diesel demand, supported by policy, underpins soybean oil and feedstock prices over the coming years.
m.fotoarslan.comElise SchaferSep 26, 2023After 842 past bullish policy events, SBO moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% 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.
