Trump Administration May Consider Reallocating Biofuels Gallons Lost to Small-Refinery Waivers

After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.

• Sep 7, 2018Bill Would Require EPA to Reallocate Biofuels Gallons Lost to Waivers-2.6%
• Mar 26, 2020'Astonishing': Trump EPA backs down on biofuel waivers in blow to U.S. refiners-2.2%
• Dec 6, 2024Biofuels Groups Size Up EPA Under Second Trump Administration, Seek RFS Help+2.7%
• Nov 28, 2019National Biodiesel Board urges EPA to account for small refinery exemptions - Biofuels International Magazine-0.3%
• Sep 4, 2026EPA Small Refinery Exemptions Impact Ag Markets: OSU’s Todd Hubbs on Biofuels, Wheat Basis, and Harvest Strategy - Oklahoma Farm Report-1.7%

After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.

• Sep 7, 2018Bill Would Require EPA to Reallocate Biofuels Gallons Lost to Waivers-3.4%
• Mar 26, 2020'Astonishing': Trump EPA backs down on biofuel waivers in blow to U.S. refiners+3.9%
• Dec 6, 2024Biofuels Groups Size Up EPA Under Second Trump Administration, Seek RFS Help+2.8%
• Nov 28, 2019National Biodiesel Board urges EPA to account for small refinery exemptions - Biofuels International Magazine+1.1%
• Jun 20, 2019Trump's Iowa Visit Jolts Biofuel Credits as Waivers May Decline - Bloomberg+1.9%