# US EPA issues final RFS rule for 2021-’22, lowers most 2020 volumes, denies 69 more SREs

> The US EPA released its final Renewable Fuel Standard rule on June 3, 2022, setting 2022 biomass-based diesel volumes at 2.76 billion gallons, up about 14% from 2021. Total 2022 biofuel obligations were set at 20.63 billion gallons, while advanced biofuel volumes were trimmed from the December proposal. The agency also cut 2020 total volumes retroactively and denied 69 small refinery exemption petitions.

- Date: 2022-06-03 · published 2022-06-03T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/15383-us-epa-issues-final-rfs-rule-for-2021-22-lowers-most-2020-volumes-denies-69
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher mandated biodiesel and renewable diesel volumes increase demand for soybean oil and corn-based ethanol, supporting feedstock prices. The denial of exemptions tightens expected blending demand.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-11-30 | [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 | 2018-12-03 | [Increasing Biomass-Based Diesel Volumes included in US EPA’s 2020 renewable volume final rule](https://feedsoft.ai/events/61463-increasing-biomass-based-diesel-volumes-included-in-us-epa-s-2020-renewable.md) | +2.5% | +0.3% |
| SBO | 2026-03-27 | [What final 2026–2027 RFS volumes mean for clean fuels](https://feedsoft.ai/events/15041-what-final-2026-2027-rfs-volumes-mean-for-clean-fuels.md) | +2.3% | +4.4% |
| SBO | 2019-09-12 | [Proposed Volumes for 2020 and Biomass-Based Diesel Volume for 2021: Supplemental Notice \| US EPA](https://feedsoft.ai/events/56931-proposed-volumes-for-2020-and-biomass-based-diesel-volume-for-2021-supplemental.md) | +4.0% | +3.1% |
| SOY | 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) | +3.3% | -0.5% |
| SOY | 2019-09-12 | [Proposed Volumes for 2020 and Biomass-Based Diesel Volume for 2021: Supplemental Notice \| US EPA](https://feedsoft.ai/events/56931-proposed-volumes-for-2020-and-biomass-based-diesel-volume-for-2021-supplemental.md) | +4.1% | +8.2% |
| SOY | 2018-02-23 | [EPA finalizes 2018 RFS volumes, 2019 biomass diesel volumes - BIC Magazine](https://feedsoft.ai/events/66364-epa-finalizes-2018-rfs-volumes-2019-biomass-diesel-volumes-bic-magazine.md) | +2.5% | -0.2% |

## Sources

- biobased-diesel.com: https://www.biobased-diesel.com/post/us-epa-issues-final-rfs-rule-for-2021-22-lowers-most-2020-volumes-denies-69-more-sres

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