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At a House Agriculture Committee hearing, Growth Energy's CEO called for certainty on the Renewable Fuel Standard and year-round E15 sales. The EPA has not yet issued proposed rules for 2022 volume obligations, which were due by November 30, 2021, or for the set rule due November 1.
Industry requests for policy clarity highlight that biofuel demand for vegetable oils and corn depends on pending EPA decisions. The hearing itself does not change volumes, so its direct price effect is limited.
farmprogress.comJacqui FatkaNov 16, 2021After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), 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.
