# EPA’s final 2020 RFS rule adds more uncertainty to US biofuel policy - Biofuels International Magazine

> The EPA issued final 2020 renewable volume obligations and a supplemental rule on small refinery exemptions. Trade groups said the final rule does not uphold President Trump's promised biofuel deal, and the National Biodiesel Board was also disappointed.

- Date: 2019-12-20 · published 2019-12-20T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/55455-epa-s-final-2020-rfs-rule-adds-more-uncertainty-to-us-biofuel-policy-biofuels
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The lower-than-expected biodiesel outlook is bearish for soybean oil. The ethanol mandate is maintained, so corn demand is only marginally affected, but policy uncertainty is elevated.

## Read by commodity

- SBO: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-04-01 | [NBB calls on EPA to reform small refinery exemptions - Biofuels International Magazine](https://feedsoft.ai/events/59465-nbb-calls-on-epa-to-reform-small-refinery-exemptions-biofuels-international.md) | +2.8% | -1.7% |
| SBO | 2026-02-03 | [Grain trader ADM's 2026 profit forecast lags expectations amid US biofuel policy uncertainty \| Reuters](https://feedsoft.ai/events/15053-grain-trader-adm-s-2026-profit-forecast-lags-expectations-amid-us-biofuel.md) | +3.1% | +12.2% |
| SBO | 2019-11-13 | [US biodiesel industry dependent on tax credit, RFS to compete with fossil-based diesel - Biofuels International Magazine](https://feedsoft.ai/events/55931-us-biodiesel-industry-dependent-on-tax-credit-rfs-to-compete-with-fossil-based.md) | -0.2% | +0.6% |
| SBO | 2017-05-09 | [Congress urged to extend biodiesel blenders’ tax credit - Biofuels International Magazine](https://feedsoft.ai/events/70874-congress-urged-to-extend-biodiesel-blenders-tax-credit-biofuels-international.md) | +0.9% | -4.1% |
| SBO | 2026-01-16 | [US soybean oil prices stall amid biofuel policy, 45Z uncertainty: 2026 preview - Fastmarkets](https://feedsoft.ai/events/15055-us-soybean-oil-prices-stall-amid-biofuel-policy-45z-uncertainty-2026-preview.md) | +1.3% | +6.8% |
| CORN | 2025-01-02 | [Biofuels Positioned for 2025 Success Despite Policy Uncertainty](https://feedsoft.ai/events/15150-biofuels-positioned-for-2025-success-despite-policy-uncertainty.md) | -0.5% | +5.7% |
| CORN | 2017-03-09 | [Biodiesel leaders push for producer’s tax credit, cite jobs and economic benefits - Biofuels International Magazine](https://feedsoft.ai/events/71865-biodiesel-leaders-push-for-producer-s-tax-credit-cite-jobs-and-economic.md) | +0.5% | +0.6% |
| CORN | 2020-05-15 | [EPA delivers proposed rule to set 2021 RFS RVOs to OMB  \| Biodiesel Magazine](https://feedsoft.ai/events/52995-epa-delivers-proposed-rule-to-set-2021-rfs-rvos-to-omb-biodiesel-magazine.md) | -0.3% | +2.8% |

## Sources

- biofuels-news.com: https://biofuels-news.com/news/epas-final-2020-rfs-rule-adds-more-uncertainty-to-us-biofuel-policy/

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