# U.S. biomass-based diesel tax credit renewed through 2022 in government spending bill -
		U.S. Energy Information Administration (EIA)

> The US government spending bill signed in late December 2019 reinstated the $1.00 per gallon biodiesel mixture credit through 2022, applying it retroactively to 2018 and 2019. The EIA notes past credit periods coincided with sharp increases in domestic biodiesel production and imports.

- Date: 2020-01-06 · published 2020-01-06T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/54949-u-s-biomass-based-diesel-tax-credit-renewed-through-2022-in-government-spending
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A renewed subsidy supports biodiesel and renewable diesel output, increasing demand for soybean oil and supporting soybean crush margins.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-05-26 | [Governors Urge EPA to Increase Biomass-based Diesel RVOs - World-Energy](https://feedsoft.ai/events/15311-governors-urge-epa-to-increase-biomass-based-diesel-rvos-world-energy.md) | +2.2% | +14.9% |
| SOY | 2021-06-02 | [Agricultural feedstock costs drive RIN prices to all-time highs -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/46439-agricultural-feedstock-costs-drive-rin-prices-to-all-time-highs-u-s-energy.md) | +2.0% | -12.2% |
| SOY | 2018-11-30 | [EPA Finalizes RFS Volumes for 2019 and Biomass Based Diesel Volumes for 2020 \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/61899-epa-finalizes-rfs-volumes-for-2019-and-biomass-based-diesel-volumes-for-2020-u.md) | +3.3% | -0.5% |
| SOY | 2025-11-04 | [Impact Of Recent EPA Decisions On 2023-2027 RVOs For Biomass-Based Diesel - Michigan Advanced Biofuels Coalition](https://feedsoft.ai/events/15075-impact-of-recent-epa-decisions-on-2023-2027-rvos-for-biomass-based-diesel.md) | -0.3% | +0.4% |
| SOY | 2025-10-29 | [Rewriting the RFS Playbook: The Impact of Recent EPA Decisions on 2023-2027 RVOs for Biomass-Based Diesel - farmdoc daily](https://feedsoft.ai/events/15078-rewriting-the-rfs-playbook-the-impact-of-recent-epa-decisions-on-2023-2027-rvos.md) | +2.8% | +4.3% |
| SBO | 2020-02-05 | [U.S. biomass-based diesel tax credit renewed through 2022 in government spending bill - Mansfield Energy](https://feedsoft.ai/events/54471-u-s-biomass-based-diesel-tax-credit-renewed-through-2022-in-government-spending.md) | -0.0% | -4.2% |
| SBO | 2022-07-13 | [Renewable identification number prices for ethanol and biomass-based diesel remain high -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/15375-renewable-identification-number-prices-for-ethanol-and-biomass-based-diesel.md) | +0.0% | +4.2% |
| SBO | 2023-05-26 | [Governors Urge EPA to Increase Biomass-based Diesel RVOs - World-Energy](https://feedsoft.ai/events/15311-governors-urge-epa-to-increase-biomass-based-diesel-rvos-world-energy.md) | -0.4% | +17.1% |

## Sources

- eia.gov: https://www.eia.gov/todayinenergy/detail.php?id=42616
- mckeany-flavell.com: https://www.mckeany-flavell.com/will-nov-dec-biodiesel-production-hold-steady-01-06-20/

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