# Soy Growers to EPA: Final RVOs Severely Undercut Rapid Growth, Potential of the Biofuels Industry - American Soybean Association

> The American Soybean Association said the final RVOs for 2023 to 2025 fall well short of industry growth. The 2023 volume was unchanged from the draft, and the 2024 and 2025 increases were modest.

- Date: 2023-06-21 · published 2023-06-21T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/15299-soy-growers-to-epa-final-rvos-severely-undercut-rapid-growth-potential-of-the
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Volumes that only match current production leave little incremental demand for soybean oil feedstock. This weighs on soybean oil and soybean prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-01-05 | [Economist’s Angle: EPA’s Proposed Blending Levels Threaten Ongoing Industry Growth - American Soybean Association](https://feedsoft.ai/events/15338-economist-s-angle-epa-s-proposed-blending-levels-threaten-ongoing-industry.md) | +0.8% | -4.6% |
| SBO | 2017-09-28 | [EPA Solicits Comments on Potential Cuts to Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68821-epa-solicits-comments-on-potential-cuts-to-biodiesel-rfs-volumes-american.md) | -0.1% | +3.8% |
| SBO | 2019-08-05 | [Soy Growers to EPA: Raise 2020 RFS and 2021 Biodiesel Volumes - American Soybean Association](https://feedsoft.ai/events/57449-soy-growers-to-epa-raise-2020-rfs-and-2021-biodiesel-volumes-american-soybean.md) | +4.7% | +1.6% |
| SBO | 2022-12-01 | [No RFS Growth is No Good: Soy Growers Surprised & Let Down by EPA Decision - American Soybean Association](https://feedsoft.ai/events/15351-no-rfs-growth-is-no-good-soy-growers-surprised-and-let-down-by-epa-decision.md) | -9.7% | -10.5% |
| SBO | 2019-07-08 | [EPA’s Proposed Biofuels Volumes a Big Miss for Soybean Farmers - American Soybean Association](https://feedsoft.ai/events/57956-epa-s-proposed-biofuels-volumes-a-big-miss-for-soybean-farmers-american-soybean.md) | +2.4% | +2.7% |
| SOY | 2023-01-05 | [Economist’s Angle: EPA’s Proposed Blending Levels Threaten Ongoing Industry Growth - American Soybean Association](https://feedsoft.ai/events/15338-economist-s-angle-epa-s-proposed-blending-levels-threaten-ongoing-industry.md) | +2.5% | +3.8% |
| SOY | 2017-09-28 | [EPA Solicits Comments on Potential Cuts to Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68821-epa-solicits-comments-on-potential-cuts-to-biodiesel-rfs-volumes-american.md) | -0.8% | +1.0% |
| SOY | 2019-08-05 | [Soy Growers to EPA: Raise 2020 RFS and 2021 Biodiesel Volumes - American Soybean Association](https://feedsoft.ai/events/57449-soy-growers-to-epa-raise-2020-rfs-and-2021-biodiesel-volumes-american-soybean.md) | +2.8% | +0.8% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/soy-growers-to-epa-final-rvos-severely-undercut-rapid-growth-potential-of-the-biofuels-industry/

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