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Renewable fuel credit (RIN) prices rose to a record $2.26 each on Thursday and were trading at $2.32 on Friday, up from about $1 before EPA announced its biofuel mandates on March 27. The EPA set biomass-based diesel requirements at 9.07 billion RINs.
Record RIN values reflect strong biofuel mandate pull, which supports demand for soybean oil and other feedstocks used in biodiesel and renewable diesel, tightening vegetable oil supplies.
reuters.comSiddharth CavaleMay 29, 2026After 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.
