
The US Department of Energy released an updated 45ZCF-GREET model for the revised 45Z clean fuel credit on June 12. The update removes indirect land-use change emissions from 2026 and restricts eligible feedstocks to US, Canada and Mexico.
Soybean oil and canola credits rose, while waste-based feedstocks remain highly valued.
Higher 45Z credits for soybean oil and canola improve crop-based biofuel economics, supporting soyoil and canola demand relative to waste feedstocks.
After 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.
Not enough comparable past events yet for a historical read.
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.