# EPA poised to issue biofuel proposal to 'quell RIN markets,' Wheeler says (NYSE:CVI) | Seeking Alpha

> EPA Administrator Andrew Wheeler told a House committee that the agency would soon announce a Renewable Fuel Standard proposal to calm RIN markets. He said EPA was responding to a Tenth Circuit ruling on hardship waivers for small refineries.

- Date: 2020-03-04 · published 2020-03-04T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/53999-epa-poised-to-issue-biofuel-proposal-to-quell-rin-markets-wheeler-says-nyse-cvi
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A forthcoming RFS proposal could change blending obligations and biofuel feedstock demand, making it a potential driver for corn and soybean oil prices.

## Read by commodity

- SBO: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-02-27 | [RVO Crossroads: How EPA’s Biofuel Decision Could Reshape Grain Markets This Spring - AgWeb](https://feedsoft.ai/events/15051-rvo-crossroads-how-epa-s-biofuel-decision-could-reshape-grain-markets-this.md) | +2.0% | +7.3% |
| CORN | 2018-11-20 | [EPA plans biofuel 'reset' as program misses Congress' targets](https://feedsoft.ai/events/61906-epa-plans-biofuel-reset-as-program-misses-congress-targets.md) | -1.1% | +7.6% |
| CORN | 2018-06-26 | [EPA Proposes Biofuel Requirements for 2019; On Track to Meet Congressional Deadline \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/64401-epa-proposes-biofuel-requirements-for-2019-on-track-to-meet-congressional.md) | -2.3% | -3.5% |
| CORN | 2018-06-26 | [Reaction to EPA's proposed new RFS quotas](https://feedsoft.ai/events/64403-reaction-to-epa-s-proposed-new-rfs-quotas.md) | -2.3% | -3.5% |
| CORN | 2025-06-17 | [US EPA Releases RVO Proposals, But Do They Match Pace with the Market?](https://feedsoft.ai/events/15114-us-epa-releases-rvo-proposals-but-do-they-match-pace-with-the-market.md) | -2.5% | -4.3% |
| SBO | 2026-02-27 | [RVO Crossroads: How EPA’s Biofuel Decision Could Reshape Grain Markets This Spring - AgWeb](https://feedsoft.ai/events/15051-rvo-crossroads-how-epa-s-biofuel-decision-could-reshape-grain-markets-this.md) | +4.0% | -1.0% |
| SBO | 2019-10-15 | [‘Bring it on,’ EU MP says of trade fight over palm biofuel phase-out](https://feedsoft.ai/events/56448-bring-it-on-eu-mp-says-of-trade-fight-over-palm-biofuel-phase-out.md) | +1.9% | +5.1% |
| SBO | 2018-11-20 | [EPA plans biofuel 'reset' as program misses Congress' targets](https://feedsoft.ai/events/61906-epa-plans-biofuel-reset-as-program-misses-congress-targets.md) | -0.6% | +4.2% |

## Sources

- seekingalpha.com: https://seekingalpha.com/news/3548714-epa-poised-to-issue-biofuel-proposal-to-quell-rin-markets-wheeler-says

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