# Biofuel usage requirements delayed

> The Biden administration has delayed setting renewable volume obligations for 2021 and 2022 under the Renewable Fuel Standard amid ongoing disputes between the biofuel and petroleum industries. The article is a brief excerpt.

- Date: 2021-07-25 · published 2021-07-25T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/45931-biofuel-usage-requirements-delayed
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Uncertainty over RFS volumes leaves biofuel demand for soybean oil and corn ethanol co-products unclear, which adds volatility to vegetable oil and feed-related prices.

## Read by commodity

- SBO: neutral
- CORN: neutral
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-08-26 | [U.S. EPA has not decided on biofuel mandates, refinery exemptions](https://feedsoft.ai/events/51483-u-s-epa-has-not-decided-on-biofuel-mandates-refinery-exemptions.md) | +3.6% | +2.2% |
| SBO | 2020-04-17 | [Biofuels industry opposes governors’ RFS request](https://feedsoft.ai/events/53527-biofuels-industry-opposes-governors-rfs-request.md) | -2.6% | -1.4% |
| SBO | 2021-09-03 | [ANALYSIS: Retroactive cuts to US biofuel blend mandates unlikely to hit supply, demand - Fastmarkets](https://feedsoft.ai/events/44933-analysis-retroactive-cuts-to-us-biofuel-blend-mandates-unlikely-to-hit-supply.md) | -2.4% | +1.3% |
| SBO | 2019-09-03 | [Biofuels industry focuses on SREs in 2020 RFS RVO comments \| Biodiesel Magazine](https://feedsoft.ai/events/56939-biofuels-industry-focuses-on-sres-in-2020-rfs-rvo-comments-biodiesel-magazine.md) | -1.3% | +1.2% |
| SBO | 2018-03-15 | [News, Notices and Announcements for the Renewable Fuel Standard \| US EPA](https://feedsoft.ai/events/65893-news-notices-and-announcements-for-the-renewable-fuel-standard-us-epa.md) | +1.9% | -0.5% |
| CORN | 2018-06-26 | [EPA Proposes Biofuel Requirements for 2019; On Track to Meet Congressional Deadline \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/64401-epa-proposes-biofuel-requirements-for-2019-on-track-to-meet-congressional.md) | -2.3% | -3.5% |
| CORN | 2020-08-26 | [U.S. EPA has not decided on biofuel mandates, refinery exemptions](https://feedsoft.ai/events/51483-u-s-epa-has-not-decided-on-biofuel-mandates-refinery-exemptions.md) | +1.5% | +7.0% |
| CORN | 2020-04-17 | [Biofuels industry opposes governors’ RFS request](https://feedsoft.ai/events/53527-biofuels-industry-opposes-governors-rfs-request.md) | -0.9% | -1.5% |

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Biofuel-usage-requirements-delayed

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