# Bakers: Not a good time to raise biodiesel RVOs | 2021-10-13  | Food Business News

> The American Bakers Association warned that bakers' access to soybean oil is in crisis as biodiesel producers divert supply away from food uses. The group asked the EPA to pause biodiesel and advanced biodiesel volumes under the Renewable Fuel Standard.

- Date: 2021-10-13 · published 2021-10-13T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/44392-bakers-not-a-good-time-to-raise-biodiesel-rvos-2021-10-13-food-business-news
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Diverting soybean oil to biodiesel tightens edible oil supply and supports soybean oil prices, while a possible RVO pause would be a major policy swing that could ease that pressure.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-10-13 | [Bakers urge pause to RVOs for biodiesel \| 2021-10-13  \| Baking Business](https://feedsoft.ai/events/44390-bakers-urge-pause-to-rvos-for-biodiesel-2021-10-13-baking-business.md) | +4.4% | -0.5% |
| SBO | 2024-12-20 | [Government raises CPO export levy to 10 percent for biodiesel subsidies \| Indonesia Business Post](https://feedsoft.ai/events/15597-government-raises-cpo-export-levy-to-10-percent-for-biodiesel-subsidies.md) | -0.5% | +9.9% |
| SBO | 2021-06-23 | [Food and fuel sectors in soybean oil bidding war \| 2021-06-23  \| Food Business News](https://feedsoft.ai/events/46441-food-and-fuel-sectors-in-soybean-oil-bidding-war-2021-06-23-food-business-news.md) | +3.7% | +6.4% |
| SBO | 2025-05-19 | [Indonesia Raises CPO Export Levy to 10% From 17 May 2025, Biodiesel FAME Levy at 4.75% - Media Biodiesel](https://feedsoft.ai/events/15560-indonesia-raises-cpo-export-levy-to-10-from-17-may-2025-biodiesel-fame-levy-at.md) | +1.0% | -0.2% |
| SBO | 2018-12-19 | [Biodiesel hoping for tax credit to continue growth - Iowa Agribusiness Radio Network](https://feedsoft.ai/events/61465-biodiesel-hoping-for-tax-credit-to-continue-growth-iowa-agribusiness-radio.md) | -3.7% | +1.3% |
| SOY | 2021-10-13 | [Bakers urge pause to RVOs for biodiesel \| 2021-10-13  \| Baking Business](https://feedsoft.ai/events/44390-bakers-urge-pause-to-rvos-for-biodiesel-2021-10-13-baking-business.md) | +2.5% | +0.1% |
| SOY | 2019-06-19 | [Legislation to extend biodiesel tax credit introduced \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58675-legislation-to-extend-biodiesel-tax-credit-introduced-iowa-agribusiness-radio.md) | -1.1% | -3.4% |
| SOY | 2023-05-26 | [Governors Urge EPA to Increase Biomass-based Diesel RVOs - World-Energy](https://feedsoft.ai/events/15311-governors-urge-epa-to-increase-biomass-based-diesel-rvos-world-energy.md) | +2.2% | +14.9% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/19808-bakers-not-a-good-time-to-raise-biodiesel-rvos

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