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Biodiesel producers argue that EPA's final RFS rule keeps an equivalence value for renewable diesel that credits fossil-fuel emissions. They say biodiesel is losing share to renewable diesel and sustainable aviation fuel under the biomass-based diesel category.
Policy that favors renewable diesel over biodiesel shifts feedstock demand between product types, with mixed effects on soybean oil. The net price effect depends on how much total biomass-based diesel demand holds up.
biobased-diesel.comJoe JobeAug 7, 2023After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), 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.
