
EPA's RFS set rule raises renewable volume obligations through 2025 and includes changes to eRINs. The rule covers the advanced and total biofuel categories.
Higher renewable volume obligations increase demand for biofuel feedstocks, especially vegetable oils and corn-based ethanol, which supports prices.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.