# NOPA and ASA Applaud Bipartisan Senate Effort Urging Treasury to Issue Domestic Feedstock Requirements for 45Z - NOPA

> The National Oilseed Processors Association and the American Soybean Association praised a bipartisan Senate letter urging Treasury to finalize the Section 45Z credit before its January 1, 2025 deadline. The groups want the final rule to limit eligibility to fuels made from domestic feedstocks. They said the US imported 7.4 billion pounds of used cooking oil and tallow from January 2023 to May 2024.

- Date: 2024-07-31 · published 2024-07-31T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/29359-nopa-and-asa-applaud-bipartisan-senate-effort-urging-treasury-to-issue-domestic
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Restricting the credit to domestic feedstocks would shift biodiesel demand toward U.S. soybean oil and away from imported waste oils. The rule's timing and final terms will determine how much this affects soybean crush and oil prices.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-08-23 | [In Bipartisan Effort, Senators Urge EPA ... \| U.S. Senator Joni Ernst](https://feedsoft.ai/events/63412-in-bipartisan-effort-senators-urge-epa-u-s-senator-joni-ernst.md) | -0.7% | -2.2% |
| SBO | 2024-08-05 | [US Sen. Marshall leads letter calling for domestic feedstocks only in 45Z biofuel tax credit](https://feedsoft.ai/events/15194-us-sen-marshall-leads-letter-calling-for-domestic-feedstocks-only-in-45z.md) | +1.0% | +0.7% |
| SBO | 2025-11-12 | [NOPA and ASA Urge President Trump to Finalize Biofuel Policies Supporting U.S. Farmers, Processors, and Domestic Energy - NOPA](https://feedsoft.ai/events/15073-nopa-and-asa-urge-president-trump-to-finalize-biofuel-policies-supporting-u-s.md) | +2.1% | +0.7% |
| SBO | 2025-10-03 | [Young, Colleagues Call on EPA to Stand with American Farmers and Prioritize Domestic Feedstocks - Senator Young](https://feedsoft.ai/events/15083-young-colleagues-call-on-epa-to-stand-with-american-farmers-and-prioritize.md) | +2.1% | +1.4% |
| SBO | 2026-02-05 | [Stronger Support For Domestic Feedstocks in Biofuels](https://feedsoft.ai/events/15049-stronger-support-for-domestic-feedstocks-in-biofuels.md) | +1.5% | +10.8% |
| SOY | 2024-08-05 | [US Sen. Marshall leads letter calling for domestic feedstocks only in 45Z biofuel tax credit](https://feedsoft.ai/events/15194-us-sen-marshall-leads-letter-calling-for-domestic-feedstocks-only-in-45z.md) | -0.1% | -4.6% |
| SOY | 2025-11-12 | [NOPA and ASA Urge President Trump to Finalize Biofuel Policies Supporting U.S. Farmers, Processors, and Domestic Energy - NOPA](https://feedsoft.ai/events/15073-nopa-and-asa-urge-president-trump-to-finalize-biofuel-policies-supporting-u-s.md) | +3.6% | -2.0% |
| SOY | 2025-10-03 | [Young, Colleagues Call on EPA to Stand with American Farmers and Prioritize Domestic Feedstocks - Senator Young](https://feedsoft.ai/events/15083-young-colleagues-call-on-epa-to-stand-with-american-farmers-and-prioritize.md) | -0.1% | +6.6% |

## Sources

- nopa.org: https://www.nopa.org/nopa-and-asa-applaud-bipartisan-senate-effort-urging-treasury-to-issue-domestic-feedstock-requirements-for-45z/

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