# RFA, Other U.S. Farm & Biofuel Leaders Ask Congress for COVID-19 Relief

> Biofuel and farm groups, including the RFA, NCGA and ASA, asked congressional leaders to include ethanol and biodiesel producers in the next COVID-19 relief package. They said more than 130 biofuel plants have partly or fully shut down and that USDA excluded the sector from initial CARES Act aid.

- Date: 2020-05-11 · published 2020-05-11T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/52998-rfa-other-u-s-farm-and-biofuel-leaders-ask-congress-for-covid-19-relief
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

If the industry is left out of relief, continued plant shutdowns would reduce corn and soybean oil demand and weigh on farm prices.

## Read by commodity

- SBO: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-05 | [Federal bankruptcy court approves biofuel quota relief for PES \| Oil & Gas Journal](https://feedsoft.ai/events/65401-federal-bankruptcy-court-approves-biofuel-quota-relief-for-pes-oil-and-gas.md) | +1.1% | +3.0% |
| CORN | 2020-07-29 | [Biofuels Industry Waits for Financial Relief, RFS Volumes Amid Uncertainty](https://feedsoft.ai/events/51965-biofuels-industry-waits-for-financial-relief-rfs-volumes-amid-uncertainty.md) | -2.1% | +5.5% |
| CORN | 2024-09-10 | [Will Congress negotiate a new farm bill this fall? Farmers hope so - Marketplace](https://feedsoft.ai/events/28294-will-congress-negotiate-a-new-farm-bill-this-fall-farmers-hope-so-marketplace.md) | +4.0% | +5.3% |
| 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 | 2017-02-28 | [Trump to shift biofuel blending burden off U.S. refiners: sources](https://feedsoft.ai/events/72360-trump-to-shift-biofuel-blending-burden-off-u-s-refiners-sources.md) | +0.9% | -1.1% |
| SBO | 2018-04-05 | [Federal bankruptcy court approves biofuel quota relief for PES \| Oil & Gas Journal](https://feedsoft.ai/events/65401-federal-bankruptcy-court-approves-biofuel-quota-relief-for-pes-oil-and-gas.md) | -0.5% | -4.1% |
| SBO | 2024-11-14 | [Clean Fuels, soy growers urge Congress to extend biodiesel tax credit](https://feedsoft.ai/events/15172-clean-fuels-soy-growers-urge-congress-to-extend-biodiesel-tax-credit.md) | -3.9% | -7.1% |
| SBO | 2025-06-04 | [The latest 45Z update marks a new lap for U.S. biofuels](https://feedsoft.ai/events/10950-the-latest-45z-update-marks-a-new-lap-for-u-s-biofuels.md) | +1.8% | +11.2% |

## Sources

- ethanolrfa.org: https://ethanolrfa.org/media-and-news/category/news-releases/article/2020/05/rfa-other-us-farm-and-biofuel-leaders-ask-congress-for-covid-19-relief

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