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More than a dozen US biodiesel producers asked EPA to raise advanced biofuel and biomass-based diesel volumes under the RFS. They also asked for a correction they say favors large renewable diesel plants over small biodiesel refiners, which they claim are losing volume.
If EPA adopts higher biomass-based diesel volumes or rebalances credits toward biodiesel, feedstock demand for soybean oil would rise and support prices.
biobased-diesel.comRon KotrbaFeb 21, 2022After 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.
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.
