# Steep Headwinds for Biodiesel Industry – ENCORE BIORENEWABLES

> The National Biodiesel Board expressed skepticism about an EPA supplemental proposal that would estimate 2020 small refinery exemptions using only DOE-recommended gallons. The NBB says this undercounts past exemptions and falls short of the deal reached with President Trump.

- Date: 2020-01-27 · published 2020-01-27T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/54952-steep-headwinds-for-biodiesel-industry-encore-biorenewables
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Uncertainty over future RFS volumes clouds biodiesel demand outlook, which tends to weigh on soybean oil prices.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-04-02 | [Biodiesel industry urges support for Renewable Fuel Standards - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/65400-biodiesel-industry-urges-support-for-renewable-fuel-standards-agweek-1-source.md) | -1.1% | -4.5% |
| SBO | 2019-06-25 | [NBB: SREs are harming demand for biodiesel, renewable diesel \| Biomass Magazine](https://feedsoft.ai/events/58473-nbb-sres-are-harming-demand-for-biodiesel-renewable-diesel-biomass-magazine.md) | -1.3% | -1.2% |
| SBO | 2024-02-28 | [Renewable diesel boom slows; industry eyes IRA, Canada for relief \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15234-renewable-diesel-boom-slows-industry-eyes-ira-canada-for-relief-agri-pulse.md) | -0.0% | +7.7% |
| SBO | 2020-01-27 | [Federal Policies Destroying US Biofuels Demand – ENCORE BIORENEWABLES](https://feedsoft.ai/events/54950-federal-policies-destroying-us-biofuels-demand-encore-biorenewables.md) | -6.5% | -7.9% |
| SBO | 2023-07-06 | [New Biofuel Targets Are the End of the Road for Renewable Diesel \| BloombergNEF](https://feedsoft.ai/events/15294-new-biofuel-targets-are-the-end-of-the-road-for-renewable-diesel-bloombergnef.md) | -0.3% | -2.6% |

## Sources

- encorebiorenewables.com: https://encorebiorenewables.com/steep-headwinds-for-biodiesel-industry/

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