◂ Event Timeline

Sep 3, 2019POLICYUS

Biofuels industry focuses on SREs in 2020 RFS RVO comments

Biofuels industry groups filed comments on the 2020 RFS renewable volume obligations, focusing on small refinery exemptions. The article text provided is limited to the headline and byline.

WHY IT MATTERS

Industry pressure to curb small refinery exemptions signals possible changes to biofuel demand for soybean oil and corn.

AFFECTSSoybean Oil◆

SOURCE
biodieselmagazine.comSep 3, 2019

Price reaction & history

Soybean Oil◆neutralSO FAR1d +0.8%5d -1.3%20d +1.2%

After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% over 20.

Jul 5, 2019Biofuel industry criticizes EPA’s 2020 RFS levels+0.2%
Feb 13, 2017US biodiesel interests gear up for court battle over RFS volumes | Biodiesel Magazine-5.0%
May 15, 2020EPA delivers proposed rule to set 2021 RFS RVOs to OMB | Biodiesel Magazine+4.6%
Oct 31, 2018OMB reviews final rule to set 2019 RVOs under the RFS | Biodiesel Magazine-0.4%
Apr 17, 2020Biofuels industry opposes governors’ RFS request-2.6%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Soybean Oil SBO · GP ▸

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