ASA Warns Refinery Exemptions Could Cost Soybean Farmers More Than $1 Billion

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

• Aug 25, 2026The Policy that May Cause $1 billion in Lost Revenue for Farmers+8.1%
• Jul 1, 2020ASA to EPA: Approving Gap SRE Waivers Would Deal ‘Devastating Blow to Soybean Farmers’ - American Soybean Association+1.7%
• Apr 1, 2019NBB calls on EPA to reform small refinery exemptions - Biofuels International Magazine+2.8%
• Dec 4, 2024RBD soybean oil basis falls as refiners adjust to falling demand - The Jacobsen+2.9%
• Aug 12, 2019More Waivers, More Woes for Struggling Soy Markets - American Soybean Association-1.3%

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

• Aug 25, 2026The Policy that May Cause $1 billion in Lost Revenue for Farmers+4.9%
• Jul 1, 2020ASA to EPA: Approving Gap SRE Waivers Would Deal ‘Devastating Blow to Soybean Farmers’ - American Soybean Association+1.2%
• Jul 7, 2025Wheat falls more than 3% on supply pressure; corn, soybeans drop-4.9%
• Aug 12, 2019More Waivers, More Woes for Struggling Soy Markets - American Soybean Association-0.7%
• Jul 8, 2019EPA’s Proposed Biofuels Volumes a Big Miss for Soybean Farmers - American Soybean Association+4.0%