# Farmers say waivers are destroying demand

> Four farmers said on a September 26 conference call that the 85 Small Refinery Exemptions granted by the Trump administration are destroying demand for corn and soybeans. They cited plant closures and idled ethanol and biodiesel capacity across several states.

- Date: 2019-09-26 · published 2019-09-26T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/56935-farmers-say-waivers-are-destroying-demand
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Exemptions that reduce mandated biofuel blending cut feedstock demand for corn and soybean oil, weighing on prices and pressuring the industry to seek policy changes.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-02 | [How EPA is Destroying Demand for Ethanol and Corn \| Energy.AgWired.com](https://feedsoft.ai/events/65399-how-epa-is-destroying-demand-for-ethanol-and-corn-energy-agwired-com.md) | +2.3% | +3.1% |
| CORN | 2025-08-14 | [High Yields, Poor Profits: Corn Farmers Search for New Demand to Drive Prices - AgWeb](https://feedsoft.ai/events/23357-high-yields-poor-profits-corn-farmers-search-for-new-demand-to-drive-prices.md) | +1.1% | +4.8% |
| CORN | 2019-10-30 | [Demand destruction takes toll](https://feedsoft.ai/events/56444-demand-destruction-takes-toll.md) | +2.1% | +0.3% |
| CORN | 2019-12-04 | [Trump’s $28 Billion Trade War Bailout Is Overpaying Farmers - Bloomberg](https://feedsoft.ai/events/55567-trump-s-28-billion-trade-war-bailout-is-overpaying-farmers-bloomberg.md) | -3.9% | +1.5% |
| CORN | 2020-07-16 | [Here’s why some farmers get Uncle Sam’s help while others don't](https://feedsoft.ai/events/52101-here-s-why-some-farmers-get-uncle-sam-s-help-while-others-don-t.md) | +0.8% | -0.4% |
| SBO | 2024-03-25 | [EPA RFS waivers may wither US soybean demand \| Latest Market News](https://feedsoft.ai/events/15230-epa-rfs-waivers-may-wither-us-soybean-demand-latest-market-news.md) | +0.6% | -4.4% |
| 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 | 2020-07-01 | [ASA to EPA: Approving Gap SRE Waivers Would Deal ‘Devastating Blow to Soybean Farmers’ - American Soybean Association](https://feedsoft.ai/events/51966-asa-to-epa-approving-gap-sre-waivers-would-deal-devastating-blow-to-soybean.md) | +1.7% | +6.0% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-business/farmers-say-waivers-are-destroying-demand

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