# World Perspectives

> A World Perspectives report says the EPA is now expected to issue a proposed 2021 RVO rule this month, finalized in June, rather than punting it to the Biden administration. The 2021 volumes would be only partially retroactive.

- Date: 2020-12-15 · published 2020-12-15T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/49515-world-perspectives
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Biofuel volume requirements set soybean oil demand for biodiesel and renewable diesel. A proposed rule with firm volumes would support soyoil prices, while the partial retroactivity limits the uncertainty.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-08-09 | [Canola crushing it \| World Grain](https://feedsoft.ai/events/34553-canola-crushing-it-world-grain.md) | -0.4% | -5.1% |
| SBO | 2026-05-27 | [Biofuels give boost to soybean oil futures rally \| World Grain](https://feedsoft.ai/events/19353-biofuels-give-boost-to-soybean-oil-futures-rally-world-grain.md) | +2.2% | -3.6% |
| SBO | 2025-12-10 | [Study: EPA biofuels proposal aids US soybean farmers \| World Grain](https://feedsoft.ai/events/15064-study-epa-biofuels-proposal-aids-us-soybean-farmers-world-grain.md) | -3.8% | -3.7% |
| SBO | 2022-09-14 | [EU groups say deforestation plan falls short \| World Grain](https://feedsoft.ai/events/39612-eu-groups-say-deforestation-plan-falls-short-world-grain.md) | -6.3% | -7.8% |
| SBO | 2023-03-03 | [The B35 programme makes Indonesia a barometer of world palm oil price](https://feedsoft.ai/events/15747-the-b35-programme-makes-indonesia-a-barometer-of-world-palm-oil-price.md) | -2.8% | -8.8% |

## Sources

- worldperspectives.com: https://worldperspectives.com/articles/heads-up-2021-rvo-for-biofuels-is-coming--12152020

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