# RFS deal may not offer saving grace

> Analysts say the EPA's plan to reallocate biofuel volumes lost to small refinery exemptions and restore the 15 billion-gallon corn ethanol mandate is positive but may not fix ethanol's structural problems. Ethanol exports to China have been absent since March 2018, and many plants are for sale.

- Date: 2019-10-07 · published 2019-10-07T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/56576-rfs-deal-may-not-offer-saving-grace
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak ethanol fundamentals limit corn demand growth from the biofuel sector, keeping pressure on corn prices despite the policy announcement.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-05-31 | [Grain market review: Oilseeds May 2021](https://feedsoft.ai/events/47204-grain-market-review-oilseeds-may-2021.md) | +2.3% | -0.9% |
| CORN | 2021-08-20 | [Biden may reduce biofuel quotas, handing a win to oil-state Democrats](https://feedsoft.ai/events/45441-biden-may-reduce-biofuel-quotas-handing-a-win-to-oil-state-democrats.md) | +0.4% | -6.4% |
| CORN | 2018-07-29 | [U.S. says farmers could get cash aid by October but will not be made whole](https://feedsoft.ai/events/64016-u-s-says-farmers-could-get-cash-aid-by-october-but-will-not-be-made-whole.md) | +1.3% | -1.6% |
| CORN | 2021-07-08 | [GMO crops issue muddied by differing views among agricultural officials](https://feedsoft.ai/events/46042-gmo-crops-issue-muddied-by-differing-views-among-agricultural-officials.md) | +3.4% | -10.1% |
| CORN | 2018-09-21 | [Renewing or Refining the RFS \| O&E Online](https://feedsoft.ai/events/62919-renewing-or-refining-the-rfs-o-and-e-online.md) | +3.0% | +4.1% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/agribusiness-news/rfs-deal-may-not-offer-saving-grace

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