# U.S. EPA to keep biofuel mandates steady in 2021-22 due to coronavirus

> Three sources say the EPA will likely keep 2021 and 2022 Renewable Fuel Standard blending volumes in line with 2020 levels, citing weaker fuel demand from the pandemic. The agency plans to issue the formal volume proposals this summer.

- Date: 2021-05-20 · published 2021-05-20T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/46969-u-s-epa-to-keep-biofuel-mandates-steady-in-2021-22-due-to-coronavirus
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Holding volumes flat removes expected growth in biofuel demand for corn ethanol and soybean oil, which is bearish relative to prior expectations of increases.

## Read by commodity

- SBO: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-12-02 | [U.S. grains: Soy snaps win streak on disappointing biofuel mandates - AgCanada](https://feedsoft.ai/events/38340-u-s-grains-soy-snaps-win-streak-on-disappointing-biofuel-mandates-agcanada.md) | -1.9% | +2.9% |
| 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 | 2018-07-11 | [EPA scraps detailed plan to force U.S. refiners to blend more biofuels](https://feedsoft.ai/events/63922-epa-scraps-detailed-plan-to-force-u-s-refiners-to-blend-more-biofuels.md) | +0.5% | +9.5% |
| CORN | 2023-09-15 | [EU to carry out surveillance on fuel ethanol imports amid steep increases since 2021](https://feedsoft.ai/events/34084-eu-to-carry-out-surveillance-on-fuel-ethanol-imports-amid-steep-increases-since.md) | -7.1% | -4.6% |
| 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 | 2019-12-20 | [EPA’s final 2020 RFS rule adds more uncertainty to US biofuel policy - Biofuels International Magazine](https://feedsoft.ai/events/55455-epa-s-final-2020-rfs-rule-adds-more-uncertainty-to-us-biofuel-policy-biofuels.md) | +2.8% | -3.1% |
| SBO | 2022-12-02 | [U.S. grains: Soy snaps win streak on disappointing biofuel mandates - AgCanada](https://feedsoft.ai/events/38340-u-s-grains-soy-snaps-win-streak-on-disappointing-biofuel-mandates-agcanada.md) | -5.8% | -8.4% |

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2021/05/us-epa-to-keep-biofuel-mandates-steady-in-2021-22-due-to-coronavirus/

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