# 3 years’ worth of proposed RFS ‘growth’ in biobased diesel volumes fulfilled in 3 months

> An analysis finds the proposed 2023-25 RFS volume increases for biomass-based diesel are small compared with industry growth. US biodiesel and renewable diesel output rose by about 500 million gallons in 2022 and continues to expand. The EPA must finalize the 2023 obligations by June 14.

- Date: 2023-05-05 · published 2023-05-05T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/15309-3-years-worth-of-proposed-rfs-growth-in-biobased-diesel-volumes-fulfilled-in-3
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Production already exceeds the proposed mandates, so a weak final rule could leave fuel demand for soybean oil below supply capacity. Stronger final volumes would support soybean oil and soybean crush prices.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-05-25 | [Groups applaud EPA letter from 3 Midwest governors on need for higher biobased diesel volumes in RFS](https://feedsoft.ai/events/15313-groups-applaud-epa-letter-from-3-midwest-governors-on-need-for-higher-biobased.md) | -1.5% | +17.5% |
| SBO | 2018-06-26 | [Proposed RFS growth sends hopeful signal to biodiesel industry \| Biodiesel Magazine](https://feedsoft.ai/events/64602-proposed-rfs-growth-sends-hopeful-signal-to-biodiesel-industry-biodiesel.md) | -0.6% | -2.4% |
| SBO | 2024-06-24 | [Clean Fuels Petitions EPA to Increase Biomass-Based Diesel Volume in RFS](https://feedsoft.ai/events/15208-clean-fuels-petitions-epa-to-increase-biomass-based-diesel-volume-in-rfs.md) | +0.4% | +7.2% |
| SBO | 2019-09-12 | [Proposed Volumes for 2020 and Biomass-Based Diesel Volume for 2021: Supplemental Notice \| US EPA](https://feedsoft.ai/events/56931-proposed-volumes-for-2020-and-biomass-based-diesel-volume-for-2021-supplemental.md) | +4.0% | +3.1% |
| SBO | 2022-02-21 | [A growing group of US biodiesel producers proposes RFS policy fix to save their investments](https://feedsoft.ai/events/15418-a-growing-group-of-us-biodiesel-producers-proposes-rfs-policy-fix-to-save-their.md) | +5.2% | +2.2% |
| SOY | 2019-09-12 | [Proposed Volumes for 2020 and Biomass-Based Diesel Volume for 2021: Supplemental Notice \| US EPA](https://feedsoft.ai/events/56931-proposed-volumes-for-2020-and-biomass-based-diesel-volume-for-2021-supplemental.md) | +4.1% | +8.2% |
| SOY | 2025-08-08 | [Clean Fuels Asks EPA to Sustain Robust Biomass-based Diesel Volumes in 2026-27 RFS - Clean Fuels Alliance America](https://feedsoft.ai/events/15098-clean-fuels-asks-epa-to-sustain-robust-biomass-based-diesel-volumes-in-2026-27.md) | +3.8% | +3.6% |
| SOY | 2018-02-23 | [EPA finalizes 2018 RFS volumes, 2019 biomass diesel volumes - BIC Magazine](https://feedsoft.ai/events/66364-epa-finalizes-2018-rfs-volumes-2019-biomass-diesel-volumes-bic-magazine.md) | +2.5% | -0.2% |

## Sources

- biobased-diesel.com: https://www.biobased-diesel.com/post/3-years-worth-of-proposed-rfs-growth-in-biobased-diesel-volumes-fulfilled-in-3-months

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