# EPA Proposes Renewable Volume Obligations for 2020 On Track to Meet Statutory Deadline | US EPA

> EPA Administrator Andrew Wheeler issued a proposed Renewable Fuel Standard rule setting 2020 renewable volume obligations and the 2021 biomass-based diesel volume. Conventional volumes stay at 15 billion gallons and advanced biofuel volumes rise to 5.04 billion gallons.

- Date: 2019-07-05 · published 2019-07-05T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/57955-epa-proposes-renewable-volume-obligations-for-2020-on-track-to-meet-statutory
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Conventional corn ethanol volume held flat and minimal advanced biofuel growth limit new demand for corn and soybean oil, keeping feedstock prices under little upward pressure.

## Read by commodity

- SBO: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-26 | [EPA Proposes Biofuel Requirements for 2019; On Track to Meet Congressional Deadline \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/64401-epa-proposes-biofuel-requirements-for-2019-on-track-to-meet-congressional.md) | -2.3% | -3.5% |
| CORN | 2018-06-26 | [Renewable Volume Obligation proposal met with scrutiny - Brownfield Ag News](https://feedsoft.ai/events/64404-renewable-volume-obligation-proposal-met-with-scrutiny-brownfield-ag-news.md) | -2.3% | -3.5% |
| CORN | 2017-07-05 | [EPA Proposes RFS Volumes Reflective of Market Realities for 2018 \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/69848-epa-proposes-rfs-volumes-reflective-of-market-realities-for-2018-u-s-epa-news.md) | +3.3% | -3.3% |
| CORN | 2017-05-15 | [EPA sends RFS volume obligations proposal to OMB - Iowa Agribusiness Radio Network](https://feedsoft.ai/events/70872-epa-sends-rfs-volume-obligations-proposal-to-omb-iowa-agribusiness-radio-network.md) | +0.5% | +3.5% |
| CORN | 2023-01-31 | [EPA Proposes Renewable Fuel Standards for 2023, 2024 and 2025 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/15340-epa-proposes-renewable-fuel-standards-for-2023-2024-and-2025-farm-bureau-intel.md) | +1.3% | -4.0% |
| SBO | 2017-05-15 | [EPA sends RFS volume obligations proposal to OMB - Iowa Agribusiness Radio Network](https://feedsoft.ai/events/70872-epa-sends-rfs-volume-obligations-proposal-to-omb-iowa-agribusiness-radio-network.md) | +1.3% | -2.1% |
| SBO | 2023-12-12 | [EPA Proposes Renewable Energy Credits For EV Manufacturers - Renewables - United States](https://feedsoft.ai/events/15254-epa-proposes-renewable-energy-credits-for-ev-manufacturers-renewables-united.md) | -0.3% | -4.1% |
| SBO | 2019-07-29 | [Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2020 and Biomass-Based Diesel Volume for 2021, Response to the Remand of the 2016 Standards, and Other Changes](https://feedsoft.ai/events/57954-federal-register-renewable-fuel-standard-program-standards-for-2020-and-biomass.md) | -1.0% | -0.5% |

## Sources

- epa.gov: https://www.epa.gov/newsreleases/epa-proposes-renewable-volume-obligations-2020-track-meet-statutory-deadline

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