# The 2020 Renewable Fuel Standard (RFS): COVID-19 Impacts  - EveryCRSReport.com

> A CRS report examines how COVID-19 may affect the 2020 Renewable Fuel Standard, noting transportation fuel demand has dropped sharply since early March. It flags that Congress or EPA may need to act on the 2020 volume requirements given refinery economics and fuel price uncertainty.

- Date: 2020-04-22 · published 2020-04-22T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/53525-the-2020-renewable-fuel-standard-rfs-covid-19-impacts-everycrsreport-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower fuel demand cuts the renewable fuel blending needed, which weakens demand for corn-based ethanol and soybean oil feedstock. Any EPA or congressional action on the mandate would move corn and soyoil prices.

## Read by commodity

- SBO: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-01-19 | [Federal Register
       :: 
      Notice of Receipt of Petitions for a Waiver of the 2019 and 2020 Renewable Fuel Standards](https://feedsoft.ai/events/49015-federal-register-notice-of-receipt-of-petitions-for-a-waiver-of-the-2019-and.md) | +0.0% | +0.0% |
| CORN | 2025-06-23 | [One Big Beautiful Bill Act (H.R. 1): Title I, Farm Safety Net and Miscellaneous Provisions - EveryCRSReport.com](https://feedsoft.ai/events/24185-one-big-beautiful-bill-act-h-r-1-title-i-farm-safety-net-and-miscellaneous.md) | -1.5% | -3.7% |
| CORN | 2020-05-13 | [Biofuel producers aim to meet volume requirements despite COVID-19 impacts \| 2020-05-12  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52997-biofuel-producers-aim-to-meet-volume-requirements-despite-covid-19-impacts-2020.md) | -0.3% | +1.5% |
| CORN | 2023-09-15 | [EU to carry out surveillance on fuel ethanol imports amid steep increases since 2021](https://feedsoft.ai/events/34084-eu-to-carry-out-surveillance-on-fuel-ethanol-imports-amid-steep-increases-since.md) | -7.1% | -4.6% |
| CORN | 2020-05-11 | [RFA, Other U.S. Farm & Biofuel Leaders Ask Congress for COVID-19 Relief](https://feedsoft.ai/events/52998-rfa-other-u-s-farm-and-biofuel-leaders-ask-congress-for-covid-19-relief.md) | -1.4% | +1.9% |
| SBO | 2023-07-05 | [Renewable Fuel Standard final rule – 2023, 2024, 2025: increases short of expectations \| News \| farmweeknow.com](https://feedsoft.ai/events/15292-renewable-fuel-standard-final-rule-2023-2024-2025-increases-short-of.md) | +0.5% | -1.8% |
| SBO | 2021-01-19 | [Federal Register
       :: 
      Notice of Receipt of Petitions for a Waiver of the 2019 and 2020 Renewable Fuel Standards](https://feedsoft.ai/events/49015-federal-register-notice-of-receipt-of-petitions-for-a-waiver-of-the-2019-and.md) | +1.9% | +10.1% |
| SBO | 2018-04-19 | [Soy Growers Ask President Trump to Support Renewable Fuel Standard - American Soybean Association](https://feedsoft.ai/events/65395-soy-growers-ask-president-trump-to-support-renewable-fuel-standard-american.md) | -2.0% | -2.7% |

## Sources

- everycrsreport.com: https://www.everycrsreport.com/reports/IN11353.html

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