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

> The American Soybean Association warns that proposed EPA small refinery exemptions for the 2025 RFS could total up to 1.8 billion RINs, removing roughly 900 million to 1 billion gallons of biofuel from the market unless reallocated. ASA estimates the policy could cut the soybean cash price by about 22 cents per bushel and reduce crop value by more than $1 billion.

- Date: 2026-08-26 · published 2026-08-26T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/17986-asa-warns-refinery-exemptions-could-cost-soybean-farmers-more-than-1-billion-rfd
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Reduced biomass-based diesel demand would weaken soybean oil use and soybean crush economics, bearing on soybean prices, with reallocation as the key offset.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-08-25 | [The Policy that May Cause $1 billion in Lost Revenue for Farmers](https://feedsoft.ai/events/15002-the-policy-that-may-cause-1-billion-in-lost-revenue-for-farmers.md) | +8.1% | +2.0% |
| SBO | 2020-07-01 | [ASA to EPA: Approving Gap SRE Waivers Would Deal ‘Devastating Blow to Soybean Farmers’ - American Soybean Association](https://feedsoft.ai/events/51966-asa-to-epa-approving-gap-sre-waivers-would-deal-devastating-blow-to-soybean.md) | +1.7% | +6.0% |
| SBO | 2019-04-01 | [NBB calls on EPA to reform small refinery exemptions - Biofuels International Magazine](https://feedsoft.ai/events/59465-nbb-calls-on-epa-to-reform-small-refinery-exemptions-biofuels-international.md) | +2.8% | -1.7% |
| SBO | 2024-12-04 | [RBD soybean oil basis falls as refiners adjust to falling demand - The Jacobsen](https://feedsoft.ai/events/27053-rbd-soybean-oil-basis-falls-as-refiners-adjust-to-falling-demand-the-jacobsen.md) | +2.9% | -0.0% |
| SBO | 2019-08-12 | [More Waivers, More Woes for Struggling Soy Markets - American Soybean Association](https://feedsoft.ai/events/57451-more-waivers-more-woes-for-struggling-soy-markets-american-soybean-association.md) | -1.3% | -4.2% |
| SOY | 2026-08-25 | [The Policy that May Cause $1 billion in Lost Revenue for Farmers](https://feedsoft.ai/events/15002-the-policy-that-may-cause-1-billion-in-lost-revenue-for-farmers.md) | +4.9% | +9.0% |
| SOY | 2020-07-01 | [ASA to EPA: Approving Gap SRE Waivers Would Deal ‘Devastating Blow to Soybean Farmers’ - American Soybean Association](https://feedsoft.ai/events/51966-asa-to-epa-approving-gap-sre-waivers-would-deal-devastating-blow-to-soybean.md) | +1.2% | +0.8% |
| SOY | 2025-07-07 | [Wheat falls more than 3% on supply pressure; corn, soybeans drop](https://feedsoft.ai/events/11932-wheat-falls-more-than-3-on-supply-pressure-corn-soybeans-drop.md) | -4.9% | -8.9% |

## Sources

- rfdtv.com: https://www.rfdtv.com/asa-warns-refinery-exemptions-could-cost-soybean-farmers-more-than-1-billion

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