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The Farm Bureau summarized EPA's final RFS rule for 2023, 2024 and 2025, saying the volume increases fall short of industry expectations. The rule sets the annual biomass-based diesel and advanced biofuel obligations that drive renewable fuel demand.
Binding renewable volume obligations set the demand floor for biomass-based diesel and therefore for soybean oil. Volumes below expectations temper the bullish case somewhat but still support demand.
tnfarmbureau.orgTennessee Farm BureauAug 3, 2023After 841 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.
