# ASA Submits Comments on RFS Proposed Volumes for 2020/2021 - American Soybean Association

> The American Soybean Association submitted comments to EPA urging higher biomass-based diesel volumes for 2021 and higher advanced biofuel volumes for 2020. It also asked EPA to restore volumes courts found were unlawfully waived in 2016 and to address refinery exemptions granted for 2018.

- Date: 2019-08-28 · published 2019-08-28T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/57446-asa-submits-comments-on-rfs-proposed-volumes-for-2020-2021-american-soybean
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Flat biofuel volume proposals and refinery waivers reduce biodiesel demand for soybean oil, which weighs on soybean oil and crush economics and therefore soybean meal supply.

## Read by commodity

- SBM: neutral
- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-09-28 | [EPA Solicits Comments on Potential Cuts to Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68821-epa-solicits-comments-on-potential-cuts-to-biodiesel-rfs-volumes-american.md) | -0.1% | +3.8% |
| SBO | 2017-07-05 | [ASA: RFS Volumes a Missed Opportunity for Biodiesel - American Soybean Association](https://feedsoft.ai/events/69850-asa-rfs-volumes-a-missed-opportunity-for-biodiesel-american-soybean-association.md) | +1.8% | +2.2% |
| SBO | 2019-07-08 | [EPA’s Proposed Biofuels Volumes a Big Miss for Soybean Farmers - American Soybean Association](https://feedsoft.ai/events/57956-epa-s-proposed-biofuels-volumes-a-big-miss-for-soybean-farmers-american-soybean.md) | +2.4% | +2.7% |
| SBO | 2019-08-05 | [Soy Growers to EPA: Raise 2020 RFS and 2021 Biodiesel Volumes - American Soybean Association](https://feedsoft.ai/events/57449-soy-growers-to-epa-raise-2020-rfs-and-2021-biodiesel-volumes-american-soybean.md) | +4.7% | +1.6% |
| SBO | 2019-12-19 | [EPA Issues Final 2020-21 RFS Rule - American Soybean Association](https://feedsoft.ai/events/55451-epa-issues-final-2020-21-rfs-rule-american-soybean-association.md) | +2.8% | -0.2% |
| SOY | 2017-09-28 | [EPA Solicits Comments on Potential Cuts to Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68821-epa-solicits-comments-on-potential-cuts-to-biodiesel-rfs-volumes-american.md) | -0.8% | +1.0% |
| SOY | 2019-07-08 | [EPA’s Proposed Biofuels Volumes a Big Miss for Soybean Farmers - American Soybean Association](https://feedsoft.ai/events/57956-epa-s-proposed-biofuels-volumes-a-big-miss-for-soybean-farmers-american-soybean.md) | +4.0% | -2.5% |
| SOY | 2019-08-05 | [Soy Growers to EPA: Raise 2020 RFS and 2021 Biodiesel Volumes - American Soybean Association](https://feedsoft.ai/events/57449-soy-growers-to-epa-raise-2020-rfs-and-2021-biodiesel-volumes-american-soybean.md) | +2.8% | +0.8% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/asa-submits-comments-on-rfs-proposed-volumes-for-2020-2021/

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