# Soy Growers Pleased with Administration’s New RFS Agreement - American Soybean Association

> The American Soybean Association welcomed the October 4, 2019 Renewable Fuel Standard agreement between the White House, EPA and USDA. The group said the supplemental proposal addresses the flood of small refinery waivers by incorporating expected waivers into volumes based on a three-year average. ASA also urged continued growth in RFS volumes and better program implementation.

- Date: 2019-10-04 · published 2019-10-04T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/56443-soy-growers-pleased-with-administration-s-new-rfs-agreement-american-soybean
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Support from major farm and biofuel groups signals likely finalization of the policy, which would keep biofuel demand for corn and soybean oil on a firmer footing.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-03-14 | [EPA Proposes RFS RIN Reforms Along with E15 - American Soybean Association](https://feedsoft.ai/events/59975-epa-proposes-rfs-rin-reforms-along-with-e15-american-soybean-association.md) | +4.2% | -0.8% |
| CORN | 2024-12-06 | [Biofuels Groups Size Up EPA Under Second Trump Administration, Seek RFS Help](https://feedsoft.ai/events/15158-biofuels-groups-size-up-epa-under-second-trump-administration-seek-rfs-help.md) | +2.8% | +6.9% |
| CORN | 2018-07-16 | [EPA released proposed biofuels volumes in RFS with mixed industry reaction - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/63925-epa-released-proposed-biofuels-volumes-in-rfs-with-mixed-industry-reaction.md) | +4.6% | +9.9% |
| CORN | 2026-07-21 | [Yakym: America First policy starts with Indiana agriculture, farmers  - Indiana Corn and Soy](https://feedsoft.ai/events/18310-yakym-america-first-policy-starts-with-indiana-agriculture-farmers-indiana-corn.md) | +0.0% | +0.9% |
| CORN | 2019-11-28 | [AgroPages-Argentine farmers switching some intended corn to soybeans-Agricultural news](https://feedsoft.ai/events/55876-agropages-argentine-farmers-switching-some-intended-corn-to-soybeans.md) | +1.1% | +3.4% |
| SBO | 2018-07-19 | [Soy Growers to EPA: Turn Up the Volume - American Soybean Association](https://feedsoft.ai/events/63921-soy-growers-to-epa-turn-up-the-volume-american-soybean-association.md) | +1.2% | -0.7% |
| SBO | 2018-06-26 | [EPA Increases Proposed RFS Volumes - American Soybean Association](https://feedsoft.ai/events/64402-epa-increases-proposed-rfs-volumes-american-soybean-association.md) | -0.6% | -2.4% |
| SBO | 2016-11-23 | [EPA Releases 2017-18 RFS Volumes - American Soybean Association](https://feedsoft.ai/events/73743-epa-releases-2017-18-rfs-volumes-american-soybean-association.md) | +6.7% | +4.5% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/soy-growers-pleased-with-administrations-new-rfs-agreement/

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