Inhofe offers amendment to cap RIN prices, issues letter to EPA

After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.

• Aug 4, 2021China intervenes to manage commodity prices | Reuters-1.0%
• Jun 7, 2024China's Pig Prices Rebound in 2024 Due to Market Recovery and Government Intervention+5.6%
• Jun 24, 2026China Urges Pig Breeders to Cut Capacity After Prices Fall to 10-Year Low-2.3%
• Sep 22, 2021EXCLUSIVE: EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document | Reuters+1.6%
• Sep 29, 2017Chinese pig prices rise as Beijing shutters polluting farms+3.1%

After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.

• Oct 1, 2026Rising biodiesel imports cap US soybean oil prices+1.8%
• May 9, 2017Congress urged to extend biodiesel blenders’ tax credit - Biofuels International Magazine+0.9%
• Jun 21, 2023EPA Biodiesel Blending Mandate Causes Soybean Oil Futures Price Drop-0.5%
• Apr 19, 2021Soybean Oil Prices Plummet After Brazil Reduces Biodiesel Blend In Diesel - CPG Click Oil and Gas+8.1%
• Oct 8, 2017Soy oil prices declining thanks to drops in U.S. government biodiesel mandates : The Daily Digest+2.4%