# Biden may reduce biofuel quotas, handing a win to oil-state Democrats

> Bloomberg reports the EPA is about to send a draft of biofuel blending quotas for 2021 and 2022 to the White House for review, with a formal proposal expected within weeks. Some lawmakers were told requirements may be little changed, and a slight reduction is possible.

- Date: 2021-08-20 · published 2021-08-20T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/45441-biden-may-reduce-biofuel-quotas-handing-a-win-to-oil-state-democrats
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A reduction in renewable fuel quotas would cut demand for soybean oil used in biodiesel and corn used in ethanol, which is bearish for those markets. The size of any cut will determine how much prices move.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-04-16 | [Five oil-refining states ask US EPA to waive biofuel mandate amid plunging fuel demand \| S&P Global](https://feedsoft.ai/events/53530-five-oil-refining-states-ask-us-epa-to-waive-biofuel-mandate-amid-plunging-fuel.md) | -3.7% | -3.5% |
| 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 | 2021-09-22 | [EXCLUSIVE: EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document \| Reuters](https://feedsoft.ai/events/44932-exclusive-exclusive-biden-administration-mulls-big-cuts-to-biofuel-mandates-in.md) | +4.9% | +12.0% |
| SBO | 2026-02-01 | [EPA expected to send 2026 biofuel blending quotas to White House this week](https://feedsoft.ai/events/15046-epa-expected-to-send-2026-biofuel-blending-quotas-to-white-house-this-week.md) | +1.0% | +9.5% |
| SBO | 2025-06-02 | [Soybean oil quotations are declining against the backdrop of uncertainty in the US biofuel market and falling oil prices, but the reduction of duties in India will strengthen demand](https://feedsoft.ai/events/10944-soybean-oil-quotations-are-declining-against-the-backdrop-of-uncertainty-in-the.md) | -2.3% | +5.8% |
| CORN | 2020-04-16 | [Five oil-refining states ask US EPA to waive biofuel mandate amid plunging fuel demand \| S&P Global](https://feedsoft.ai/events/53530-five-oil-refining-states-ask-us-epa-to-waive-biofuel-mandate-amid-plunging-fuel.md) | -1.1% | -1.4% |
| CORN | 2021-09-22 | [EXCLUSIVE: EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document \| Reuters](https://feedsoft.ai/events/44932-exclusive-exclusive-biden-administration-mulls-big-cuts-to-biofuel-mandates-in.md) | +1.6% | +2.0% |
| CORN | 2025-09-10 | [US biofuel plan would reallocate half or less of waived blending quotas, sources say \| Reuters](https://feedsoft.ai/events/15089-us-biofuel-plan-would-reallocate-half-or-less-of-waived-blending-quotas-sources.md) | +5.8% | +3.3% |

## Sources

- worldoil.com: https://www.worldoil.com/news/2021/8/20/biden-may-reduce-biofuel-quotas-handing-a-win-to-oil-state-democrats/

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