# Farm, biofuel leaders file motion to hold EPA accountable on improper 2016 waiver

> A coalition of US biofuel and farm groups filed a motion on Nov. 23 asking the D.C. Circuit to enforce its 2017 ruling that EPA improperly waived 500 million gallons of 2016 biofuel demand. The groups say EPA has not reopened the 2016 renewable volume obligation or restored the lost RINs.

- Date: 2020-11-23 · published 2020-11-23T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/50023-farm-biofuel-leaders-file-motion-to-hold-epa-accountable-on-improper-2016-waiver
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

If the court enforces the ruling and EPA restores the 500 million gallons, biofuel demand for corn ethanol, soybean oil and sorghum would rise, supporting feedstock prices. The outcome remains uncertain and is a slow legal process.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-03-26 | ['Astonishing': Trump EPA backs down on biofuel waivers in blow to U.S. refiners](https://feedsoft.ai/events/54007-astonishing-trump-epa-backs-down-on-biofuel-waivers-in-blow-to-u-s-refiners.md) | +3.9% | -3.7% |
| CORN | 2018-09-07 | [Bill Would Require EPA to Reallocate Biofuels Gallons Lost to Waivers](https://feedsoft.ai/events/62923-bill-would-require-epa-to-reallocate-biofuels-gallons-lost-to-waivers.md) | -3.4% | +1.4% |
| CORN | 2019-10-04 | [President Trump Delivers on a Key Promise to American Farmers as EPA, USDA Announce Agreement on Promoting Biofuels \| US EPA](https://feedsoft.ai/events/56438-president-trump-delivers-on-a-key-promise-to-american-farmers-as-epa-usda.md) | +0.3% | +0.2% |
| CORN | 2017-04-27 | [Consumers and farmers burned  by EPA regulations on renewable fuel](https://feedsoft.ai/events/71381-consumers-and-farmers-burned-by-epa-regulations-on-renewable-fuel.md) | +1.7% | +3.5% |
| CORN | 2022-05-20 | [EPA agrees on 2023 biofuel target timeline \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/15391-epa-agrees-on-2023-biofuel-target-timeline-an-official-publication-of-michigan.md) | -1.3% | -1.3% |
| SBO | 2020-03-26 | ['Astonishing': Trump EPA backs down on biofuel waivers in blow to U.S. refiners](https://feedsoft.ai/events/54007-astonishing-trump-epa-backs-down-on-biofuel-waivers-in-blow-to-u-s-refiners.md) | -2.2% | -3.9% |
| SBO | 2018-09-07 | [Bill Would Require EPA to Reallocate Biofuels Gallons Lost to Waivers](https://feedsoft.ai/events/62923-bill-would-require-epa-to-reallocate-biofuels-gallons-lost-to-waivers.md) | -2.6% | +4.0% |
| SBO | 2019-10-04 | [President Trump Delivers on a Key Promise to American Farmers as EPA, USDA Announce Agreement on Promoting Biofuels \| US EPA](https://feedsoft.ai/events/56438-president-trump-delivers-on-a-key-promise-to-american-farmers-as-epa-usda.md) | -0.3% | +3.2% |

## Sources

- biobased-diesel.com: https://www.biobased-diesel.com/post/farm-biofuel-leaders-file-motion-to-hold-epa-accountable-on-improper-2016-waiver

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