# More Waivers, More Woes for Struggling Soy Markets - American Soybean Association

> EPA granted 31 of 38 small refinery exemption applications for the 2018 compliance year, which the American Soybean Association said cut biodiesel demand. The group estimated lost biodiesel demand from retroactive exemptions at up to 2.5 billion gallons since 2017.

- Date: 2019-08-12 · published 2019-08-12T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/57451-more-waivers-more-woes-for-struggling-soy-markets-american-soybean-association
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lost biofuel demand from refinery waivers reduces soybean oil use and weighs on soybean prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-12-01 | [Waivers Create Woes for Struggling Soy Markets \| Feed & Grain](https://feedsoft.ai/events/49516-waivers-create-woes-for-struggling-soy-markets-feed-and-grain.md) | +2.6% | +12.1% |
| 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% |
| SBO | 2023-07-06 | [EPA’s Biomass-Based Blending Levels Less Than Expected by Markets - American Soybean Association](https://feedsoft.ai/events/15291-epa-s-biomass-based-blending-levels-less-than-expected-by-markets-american.md) | -0.3% | -2.6% |
| 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 | 2026-10-14 | [Has Biofuel Demand Replaced Export Demand in U.S. Soybean Markets? - American Soybean Association](https://feedsoft.ai/events/506-has-biofuel-demand-replaced-export-demand-in-u-s-soybean-markets-american.md) | +2.4% | — |
| SOY | 2020-12-01 | [Waivers Create Woes for Struggling Soy Markets \| Feed & Grain](https://feedsoft.ai/events/49516-waivers-create-woes-for-struggling-soy-markets-feed-and-grain.md) | -0.9% | +10.9% |
| SOY | 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) | +1.2% | +0.8% |
| SOY | 2023-07-06 | [EPA’s Biomass-Based Blending Levels Less Than Expected by Markets - American Soybean Association](https://feedsoft.ai/events/15291-epa-s-biomass-based-blending-levels-less-than-expected-by-markets-american.md) | -3.8% | -7.6% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/more-waivers-more-woes-for-struggling-soy-markets/

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