# Ag Implores EPA to Raise RFS Volumes for Biomass-Based Diesel, Biodiesel

> EPA's proposed multiyear Renewable Fuel Standard volumes for 2023 to 2025 set biomass-based diesel levels below current actual production. Farmers and biofuel representatives urged EPA at a public hearing to revise the proposal, warning it would jeopardize biodiesel plant investments and soybean crush expansion.

- Date: 2023-01-10 · published 2023-01-10T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/15337-ag-implores-epa-to-raise-rfs-volumes-for-biomass-based-diesel-biodiesel
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower mandated biomass-based diesel volumes would reduce expected demand for soybean oil from renewable diesel and biodiesel producers, weighing on soybean oil prices and the crush margin that supports soybean demand.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-08-01 | [NBB Asks EPA to Raise 2020 RFS and 2021 Biodiesel Volumes - Fuels Market News](https://feedsoft.ai/events/57450-nbb-asks-epa-to-raise-2020-rfs-and-2021-biodiesel-volumes-fuels-market-news.md) | +0.8% | +1.3% |
| SBO | 2019-12-19 | [EPA Fulfills Another Trump Administration Promise: Finalizes RFS Volumes for 2020 and Biomass Based Diesel Volumes for 2021 \| US EPA](https://feedsoft.ai/events/55449-epa-fulfills-another-trump-administration-promise-finalizes-rfs-volumes-for.md) | +2.8% | -0.2% |
| 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 | 2017-11-30 | [EPA Leaves Biodiesel Alone, Raises Cellulosic Volumes](https://feedsoft.ai/events/67842-epa-leaves-biodiesel-alone-raises-cellulosic-volumes.md) | -2.5% | -4.3% |
| SBO | 2017-07-05 | [ASA: RFS Volumes a Missed Opportunity for Biodiesel - American Soybean Association](https://feedsoft.ai/events/69850-asa-rfs-volumes-a-missed-opportunity-for-biodiesel-american-soybean-association.md) | +1.8% | +2.2% |
| SOY | 2019-08-01 | [NBB Asks EPA to Raise 2020 RFS and 2021 Biodiesel Volumes - Fuels Market News](https://feedsoft.ai/events/57450-nbb-asks-epa-to-raise-2020-rfs-and-2021-biodiesel-volumes-fuels-market-news.md) | -1.8% | -1.3% |
| 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% |
| SOY | 2017-12-12 | [Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2018 and Biomass-Based Diesel Volume for 2019](https://feedsoft.ai/events/67350-federal-register-renewable-fuel-standard-program-standards-for-2018-and-biomass.md) | -2.1% | -3.6% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2023/01/10/ag-implores-epa-raise-rfs-volumes

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