Tenth Circuit Court Strikes Down EPA Small Refinery Exemptions

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.

• Feb 4, 2019Growth Energy Files Federal Lawsuit Against EPA on Small Refinery Exemptions-1.0%
• Sep 16, 2025EPA Proposes Renewable Fuel Standards Supplemental Rule, Addresses Small Refinery Exemptions | US EPA-0.3%
• Nov 28, 2019National Biodiesel Board urges EPA to account for small refinery exemptions - Biofuels International Magazine+1.1%
• Apr 17, 2019Wheeler indicates pace of refiner exemptions could slow - Brownfield Ag News-1.9%
• Aug 23, 2019Trump Administration May Consider Reallocating Biofuels Gallons Lost to Small-Refinery Waivers+1.8%

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.

• Feb 4, 2019Growth Energy Files Federal Lawsuit Against EPA on Small Refinery Exemptions+3.3%
• Sep 16, 2025EPA Proposes Renewable Fuel Standards Supplemental Rule, Addresses Small Refinery Exemptions | US EPA-4.3%
• Nov 28, 2019National Biodiesel Board urges EPA to account for small refinery exemptions - Biofuels International Magazine-0.3%
• Sep 4, 2026EPA Small Refinery Exemptions Impact Ag Markets: OSU’s Todd Hubbs on Biofuels, Wheat Basis, and Harvest Strategy - Oklahoma Farm Report-1.7%
• Apr 17, 2019Wheeler indicates pace of refiner exemptions could slow - Brownfield Ag News-2.8%