# US biodiesel and soybean industry call on President Trump to improve 2020 RFS | Bioenergy International

> On December 18, 2019, 24 soybean and biodiesel trade associations sent a letter to President Trump asking him to direct the EPA to expand 2021 biomass-based diesel volumes and account for exempted gallons. They said small refinery exemptions had dealt a severe blow to the biodiesel industry.

- Date: 2019-12-19 · published 2019-12-19T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/55450-us-biodiesel-and-soybean-industry-call-on-president-trump-to-improve-2020-rfs
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The request is an appeal and has no immediate effect on volumes, but a reversal would support soybean oil demand. Until the EPA acts, the outlook for soybean oil stays uncertain.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-12-03 | [Final RFS rule provides only minimal growth for biodiesel, NBB says \| Bioenergy International](https://feedsoft.ai/events/61461-final-rfs-rule-provides-only-minimal-growth-for-biodiesel-nbb-says-bioenergy.md) | +2.5% | +0.3% |
| SBO | 2019-02-05 | [European oilseed producers losers in EU - Argentina biodiesel settlement \| Bioenergy International](https://feedsoft.ai/events/60680-european-oilseed-producers-losers-in-eu-argentina-biodiesel-settlement.md) | +0.4% | -1.3% |
| SBO | 2017-06-22 | [Soybean Industry Supports Biodiesel Industry on Capitol Hill - American Soybean Association](https://feedsoft.ai/events/70357-soybean-industry-supports-biodiesel-industry-on-capitol-hill-american-soybean.md) | +0.8% | +6.7% |
| SBO | 2018-01-25 | [Soy Growers, Industry Leaders Discuss RFS, Tax Credit at National Biodiesel Conference - American Soybean Association](https://feedsoft.ai/events/66863-soy-growers-industry-leaders-discuss-rfs-tax-credit-at-national-biodiesel.md) | +1.2% | -2.0% |
| SBO | 2019-11-13 | [New NBB report highlights the importance of the Biodiesel Tax Credit \| Bioenergy International](https://feedsoft.ai/events/55929-new-nbb-report-highlights-the-importance-of-the-biodiesel-tax-credit-bioenergy.md) | -0.2% | +0.6% |

## Sources

- bioenergyinternational.com: https://bioenergyinternational.com/us-biodiesel-and-soybean-industry-call-on-president-to-improve-2020-rfs-rule/

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