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

> The Trump administration decided not to appeal the court ruling that sharply limits small refinery biofuel waivers, and no filing was entered by the deadline. Refiners criticized the decision while corn interests welcomed it.

- Date: 2020-03-26 · published 2020-03-26T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/54007-astonishing-trump-epa-backs-down-on-biofuel-waivers-in-blow-to-u-s-refiners
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Ending the waiver overuse supports blending demand for ethanol and biofuel feedstocks, which is bullish for corn and soybean oil and bearish for refinery margins.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-08-23 | [Trump Administration May Consider Reallocating Biofuels Gallons Lost to Small-Refinery Waivers](https://feedsoft.ai/events/57448-trump-administration-may-consider-reallocating-biofuels-gallons-lost-to-small.md) | +1.8% | +1.4% |
| CORN | 2019-06-20 | [Trump's Iowa Visit Jolts Biofuel Credits as Waivers May Decline - Bloomberg](https://feedsoft.ai/events/58477-trump-s-iowa-visit-jolts-biofuel-credits-as-waivers-may-decline-bloomberg.md) | +1.9% | -2.0% |
| CORN | 2019-10-04 | [President Trump Delivers on a Key Promise to American Farmers as EPA, USDA Announce Agreement on Promoting Biofuels \| US EPA](https://feedsoft.ai/events/56438-president-trump-delivers-on-a-key-promise-to-american-farmers-as-epa-usda.md) | +0.3% | +0.2% |
| CORN | 2020-11-23 | [Farm, biofuel leaders file motion to hold EPA accountable on improper 2016 waiver](https://feedsoft.ai/events/50023-farm-biofuel-leaders-file-motion-to-hold-epa-accountable-on-improper-2016-waiver.md) | -1.2% | -3.2% |
| CORN | 2018-09-07 | [Bill Would Require EPA to Reallocate Biofuels Gallons Lost to Waivers](https://feedsoft.ai/events/62923-bill-would-require-epa-to-reallocate-biofuels-gallons-lost-to-waivers.md) | -3.4% | +1.4% |
| SBO | 2019-08-23 | [Trump Administration May Consider Reallocating Biofuels Gallons Lost to Small-Refinery Waivers](https://feedsoft.ai/events/57448-trump-administration-may-consider-reallocating-biofuels-gallons-lost-to-small.md) | -0.6% | +2.6% |
| SBO | 2019-06-20 | [Trump's Iowa Visit Jolts Biofuel Credits as Waivers May Decline - Bloomberg](https://feedsoft.ai/events/58477-trump-s-iowa-visit-jolts-biofuel-credits-as-waivers-may-decline-bloomberg.md) | -2.0% | -2.6% |
| SBO | 2025-08-26 | [How the EPA's RIN Policy is Reshaping the U.S. Biofuel Industry](https://feedsoft.ai/events/15100-how-the-epa-s-rin-policy-is-reshaping-the-u-s-biofuel-industry.md) | -3.7% | -8.6% |

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2020/03/astonishing-trump-epa-backs-down-on-biofuel-waivers-in-blow-to-us-refiners/

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