# Biofuel producers aim to meet volume requirements despite COVID-19 impacts | 2020-05-12  | Agri-Pulse Communications, Inc.

> Fewer than a quarter of US ethanol plants are running at full capacity, with 73 fully idled as of early May. Biofuel advocates say producers can still meet the 2020 blending targets, while oil companies say they will struggle to blend the required volumes.

- Date: 2020-05-13 · published 2020-05-13T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/52997-biofuel-producers-aim-to-meet-volume-requirements-despite-covid-19-impacts-2020
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Idled ethanol plants cut demand for corn and soybean oil, which pressures feedstock prices, and the dispute over compliance could affect future RFS policy.

## Read by commodity

- SBO: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-09-22 | [Biofuel blending targets could include big volume cuts  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44935-biofuel-blending-targets-could-include-big-volume-cuts-agri-pulse.md) | +1.6% | +2.0% |
| CORN | 2018-04-25 | [RFS waivers wiped out billion gallons in biofuel demand, Perdue says \| 2018-04-25 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/65397-rfs-waivers-wiped-out-billion-gallons-in-biofuel-demand-perdue-says-2018-04-25.md) | +2.4% | +5.0% |
| CORN | 2019-08-22 | [Trade tensions, oversupply, and SREs drive biofuel plant shutdowns \| 2019-08-22  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57584-trade-tensions-oversupply-and-sres-drive-biofuel-plant-shutdowns-2019-08-22.md) | +2.4% | +1.3% |
| CORN | 2020-08-14 | [Novak: Mexico heading down EU path on ag restrictions \| 2020-08-14  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/51584-novak-mexico-heading-down-eu-path-on-ag-restrictions-2020-08-14-agri-pulse.md) | +0.7% | +7.2% |
| CORN | 2019-01-28 | [Farm subsidies to leap on $9.8 billion in trade aid \| 2019-01-28 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/61080-farm-subsidies-to-leap-on-9-8-billion-in-trade-aid-2019-01-28-agri-pulse-agri.md) | +0.7% | +0.8% |
| SBO | 2021-09-22 | [Biofuel blending targets could include big volume cuts  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44935-biofuel-blending-targets-could-include-big-volume-cuts-agri-pulse.md) | +4.9% | +12.0% |
| SBO | 2017-07-12 | [Biodiesel producers feel burned by proposed RFS \| 2017-07-11 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/69851-biodiesel-producers-feel-burned-by-proposed-rfs-2017-07-11-agri-pulse-agri.md) | -1.7% | +0.2% |
| SBO | 2024-11-09 | [Industry calls for reform to LCFS biofuel guardrails \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15171-industry-calls-for-reform-to-lcfs-biofuel-guardrails-agri-pulse-communications.md) | -1.3% | -8.2% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/13658-biofuel-producers-aim-to-meet-volume-requirements-despite-covid-19-impacts

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