# Shift to 45Z storms biofuel markets | Argus Media

> US biofuel producers paused operations in Q1 2025 during the transition to the 45Z Clean Fuels Production Credit, with limited relief from feedstock price declines in early March. Reduced renewable diesel and biodiesel output is expected to affect feedstock pricing in the first half of the year.

- Date: 2025-03-21 · published 2025-03-21T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/25682-shift-to-45z-storms-biofuel-markets-argus-media
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower renewable diesel and biodiesel output reduces demand for soybean oil and other vegetable oil feedstocks, which is bearish for oilseed crush values and supports higher RIN prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2025-11-03 | [Shifting Biofuel Demand Reshapes Global Oil Markets](https://feedsoft.ai/events/22041-shifting-biofuel-demand-reshapes-global-oil-markets.md) | -0.7% | +4.3% |
| SBO | 2025-06-04 | [The latest 45Z update marks a new lap for U.S. biofuels](https://feedsoft.ai/events/10950-the-latest-45z-update-marks-a-new-lap-for-u-s-biofuels.md) | +1.8% | +11.2% |
| SBO | 2023-02-07 | [Biofuels and feedstocks: Market outlook 2023 - Fastmarkets](https://feedsoft.ai/events/37419-biofuels-and-feedstocks-market-outlook-2023-fastmarkets.md) | +1.6% | +1.8% |
| SBO | 2026-01-16 | [US soybean oil prices stall amid biofuel policy, 45Z uncertainty: 2026 preview - Fastmarkets](https://feedsoft.ai/events/15055-us-soybean-oil-prices-stall-amid-biofuel-policy-45z-uncertainty-2026-preview.md) | +1.3% | +6.8% |
| SBO | 2017-02-28 | [Trump to shift biofuel blending burden off U.S. refiners: sources](https://feedsoft.ai/events/72360-trump-to-shift-biofuel-blending-burden-off-u-s-refiners-sources.md) | +5.2% | -0.2% |
| PALMOIL | 2023-02-07 | [Biofuels and feedstocks: Market outlook 2023 - Fastmarkets](https://feedsoft.ai/events/37419-biofuels-and-feedstocks-market-outlook-2023-fastmarkets.md) | +0.2% | +4.2% |
| PALMOIL | 2023-06-22 | [Palm extends losses over soybean oil and lower US biofuel mandate - Markets - Business Recorder](https://feedsoft.ai/events/35581-palm-extends-losses-over-soybean-oil-and-lower-us-biofuel-mandate-markets.md) | +0.5% | +13.6% |
| PALMOIL | 2025-07-16 | [US vegetable oil market: 45Z clean fuel production credit](https://feedsoft.ai/events/15105-us-vegetable-oil-market-45z-clean-fuel-production-credit.md) | +1.4% | +5.8% |

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/video-insights/shift-to-45z-storms-biofuel-markets

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