# Groups applaud EPA letter from 3 Midwest governors on need for higher biobased diesel volumes in RFS

> Clean Fuels Alliance America and Iowa and Missouri soybean groups welcomed the May letter from three Midwest governors urging higher RFS volumes for 2023-25. The letter says EPA's proposed volumes are below 3 billion gallons of biobased diesel output and that EPA is expected to finalize by June 14. The groups say their members have invested heavily in growth.

- Date: 2023-05-25 · published 2023-05-25T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/15313-groups-applaud-epa-letter-from-3-midwest-governors-on-need-for-higher-biobased
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Industry support for higher RFS volumes reinforces expectations of stronger soybean oil demand if the EPA raises mandates. The statement adds to pressure on the final rule but does not itself change supply.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-05-05 | [3 years’ worth of proposed RFS ‘growth’ in biobased diesel volumes fulfilled in 3 months](https://feedsoft.ai/events/15309-3-years-worth-of-proposed-rfs-growth-in-biobased-diesel-volumes-fulfilled-in-3.md) | -0.2% | -7.2% |
| SBO | 2018-11-30 | [EPA Finalizes RFS Volumes for 2019 and Biomass Based Diesel Volumes for 2020 \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/61899-epa-finalizes-rfs-volumes-for-2019-and-biomass-based-diesel-volumes-for-2020-u.md) | +3.0% | -0.5% |
| SBO | 2020-02-07 | [EPA Issues Final Rule On RFS Program Standards For 2020 And Biomass-Based Diesel Volume For 2021](https://feedsoft.ai/events/54466-epa-issues-final-rule-on-rfs-program-standards-for-2020-and-biomass-based.md) | -1.7% | -8.8% |
| SBO | 2018-08-23 | [NBB Shows Higher 2020 Biodiesel Volumes Are Achievable in Comments on Annual RFS Rule - Fuels Market News](https://feedsoft.ai/events/63409-nbb-shows-higher-2020-biodiesel-volumes-are-achievable-in-comments-on-annual.md) | -0.7% | -2.2% |
| 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% |

## Sources

- biobased-diesel.com: https://www.biobased-diesel.com/post/groups-applaud-epa-letter-from-3-midwest-governors-on-need-for-higher-biobased-diesel-volumes-in-rfs

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