Economist’s Angle: EPA’s Proposed Blending Levels Threaten Ongoing Industry Growth

After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.

• Jul 6, 2023EPA’s Biomass-Based Blending Levels Less Than Expected by Markets - American Soybean Association-0.3%
• Jun 21, 2023Soy Growers to EPA: Final RVOs Severely Undercut Rapid Growth, Potential of the Biofuels Industry - American Soybean Association-0.5%
• Jul 8, 2019EPA’s Proposed Biofuels Volumes a Big Miss for Soybean Farmers - American Soybean Association+2.4%
• Oct 5, 2017EPA Action Would Break President’s Promises on Protecting the RFS - American Soybean Association-0.2%
• Dec 1, 2022No RFS Growth is No Good: Soy Growers Surprised & Let Down by EPA Decision - American Soybean Association-9.7%

After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.

• Jul 6, 2023EPA’s Biomass-Based Blending Levels Less Than Expected by Markets - American Soybean Association-3.8%
• Jun 21, 2023Soy Growers to EPA: Final RVOs Severely Undercut Rapid Growth, Potential of the Biofuels Industry - American Soybean Association+1.2%
• Jul 8, 2019EPA’s Proposed Biofuels Volumes a Big Miss for Soybean Farmers - American Soybean Association+4.0%
• Dec 1, 2022No RFS Growth is No Good: Soy Growers Surprised & Let Down by EPA Decision - American Soybean Association+0.2%
• Aug 28, 2019ASA Submits Comments on RFS Proposed Volumes for 2020/2021 - American Soybean Association+1.9%