# Soybean crush margins plummet in wake of EPA ruling | The Western Producer

> Soybean crush margins fell sharply after EPA's December proposal set biomass-based diesel volumes at 2.82 billion gallons for 2023, rising to 2.95 billion by 2025. The proposal disappointed the soybean sector, which expected far more growth given roughly seven billion gallons of planned biodiesel and renewable diesel capacity. Industry economists argued that the expanded crush capacity would tighten feedstock supplies.

- Date: 2023-02-25 · published 2023-02-25T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/15330-soybean-crush-margins-plummet-in-wake-of-epa-ruling-the-western-producer
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower renewable fuel mandates reduce soybean oil demand and crush margins, which can slow crush expansion and reduce meal output, supporting soybean meal prices while pressuring soybean oil.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-01-03 | [Tax cut seen lifting soy planting in Argentina \| The Western Producer](https://feedsoft.ai/events/72842-tax-cut-seen-lifting-soy-planting-in-argentina-the-western-producer.md) | +2.5% | -1.7% |
| SBO | 2023-06-29 | [EPA’s renewable fuel rule called ‘missed opportunity’ \| The Western Producer](https://feedsoft.ai/events/35586-epa-s-renewable-fuel-rule-called-missed-opportunity-the-western-producer.md) | +8.3% | +13.9% |
| SBO | 2026-10-14 | [CBOT soybean oil futures plunge as EPA biofuel proposal weighs on the market \| S&P Global](https://feedsoft.ai/events/502-cbot-soybean-oil-futures-plunge-as-epa-biofuel-proposal-weighs-on-the-market-s.md) | +2.4% | — |
| SBO | 2021-04-19 | [Soybean Oil Prices Plummet After Brazil Reduces Biodiesel Blend In Diesel - CPG Click Oil and Gas](https://feedsoft.ai/events/47670-soybean-oil-prices-plummet-after-brazil-reduces-biodiesel-blend-in-diesel-cpg.md) | +8.1% | +16.8% |
| SBO | 2023-01-31 | [What do the Proposed EPA RVOs Mean for the Future of RINs? – Turner, Mason & Company](https://feedsoft.ai/events/15339-what-do-the-proposed-epa-rvos-mean-for-the-future-of-rins-turner-mason-and.md) | -3.9% | -2.6% |
| SBM | 2020-01-09 | [Argentine soybeans facing tax increases \| The Western Producer](https://feedsoft.ai/events/54929-argentine-soybeans-facing-tax-increases-the-western-producer.md) | +1.1% | -2.9% |
| SBM | 2022-09-29 | [Some Brazilian soybean crushers temporarily shut down due to negative margins  : The Daily Digest](https://feedsoft.ai/events/39664-some-brazilian-soybean-crushers-temporarily-shut-down-due-to-negative-margins.md) | -3.9% | -1.4% |
| SBM | 2025-10-27 | [European soybean buyers cautious as EUDR timeline creates market uncertainty: Platts  - Milling Middle East & Africa Magazine - No.1 Grains Industry Magazine & Website for Africa & the Middle East](https://feedsoft.ai/events/4788-european-soybean-buyers-cautious-as-eudr-timeline-creates-market-uncertainty.md) | +10.4% | +9.1% |

## Sources

- producer.com: https://www.producer.com/news/soybean-crush-margins-plummet-in-wake-of-epa-ruling/

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