
The EPA sent proposed 2026 Renewable Fuel Standard mandates to the White House, with a final rule expected by the end of March. Reuters reported the agency could shift at least half of small refinery exemption obligations to large refiners.
Higher biofuel blending obligations would pull more vegetable oil into renewable diesel, supporting soyoil demand and prices. Crush margins and soybean meal relative values also shift.
After 842 past bullish policy events, SBO 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.