'Astonishing': Trump EPA backs down on biofuel waivers in blow to U.S. refiners

After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.

• Aug 23, 2019Trump Administration May Consider Reallocating Biofuels Gallons Lost to Small-Refinery Waivers+1.8%
• Jun 20, 2019Trump's Iowa Visit Jolts Biofuel Credits as Waivers May Decline - Bloomberg+1.9%
• Oct 4, 2019President Trump Delivers on a Key Promise to American Farmers as EPA, USDA Announce Agreement on Promoting Biofuels | US EPA+0.3%
• Nov 23, 2020Farm, biofuel leaders file motion to hold EPA accountable on improper 2016 waiver-1.2%
• Sep 7, 2018Bill Would Require EPA to Reallocate Biofuels Gallons Lost to Waivers-3.4%

After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.

• Aug 23, 2019Trump Administration May Consider Reallocating Biofuels Gallons Lost to Small-Refinery Waivers-0.6%
• Jun 20, 2019Trump's Iowa Visit Jolts Biofuel Credits as Waivers May Decline - Bloomberg-2.0%
• Aug 26, 2025How the EPA's RIN Policy is Reshaping the U.S. Biofuel Industry-3.7%
• Oct 4, 2019President Trump Delivers on a Key Promise to American Farmers as EPA, USDA Announce Agreement on Promoting Biofuels | US EPA-0.3%
• Nov 23, 2020Farm, biofuel leaders file motion to hold EPA accountable on improper 2016 waiver-2.0%