Loading…
EPA Administrator Andrew Wheeler said the agency is still evaluating its 2021 RVO decision and small refinery exemption waivers, and would not commit to acting before the November election. He said COVID-19 has sharply altered driving and fuel consumption.
Uncertainty over the biofuel mandate and waiver outcomes keeps demand for soybean oil and corn-based ethanol unpredictable, which adds volatility to vegetable oil and corn pricing.
feedstuffs.comJacqui FatkaAug 26, 2020After 196 past neutral policy events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% over 20.
After 439 past neutral policy events, CORN moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
