EPA’s Proposed Biofuels Volumes a Big Miss for Soybean Farmers

After 351 past bearish policy events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.

• Jul 5, 2017ASA: RFS Volumes a Missed Opportunity for Biodiesel - American Soybean Association+1.8%
• Aug 28, 2019ASA Submits Comments on RFS Proposed Volumes for 2020/2021 - American Soybean Association+2.8%
• Aug 5, 2019Soy Growers to EPA: Raise 2020 RFS and 2021 Biodiesel Volumes - American Soybean Association+4.7%
• Nov 30, 2017RFS Volumes Again Fail to Capture Biodiesel’s Potential - American Soybean Association-2.5%
• Sep 28, 2017EPA Solicits Comments on Potential Cuts to Biodiesel RFS Volumes - American Soybean Association-0.1%

After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.

• Aug 28, 2019ASA Submits Comments on RFS Proposed Volumes for 2020/2021 - American Soybean Association+1.9%
• Aug 5, 2019Soy Growers to EPA: Raise 2020 RFS and 2021 Biodiesel Volumes - American Soybean Association+2.8%
• Sep 28, 2017EPA Solicits Comments on Potential Cuts to Biodiesel RFS Volumes - American Soybean Association-0.8%
• Jul 6, 2023EPA’s Biomass-Based Blending Levels Less Than Expected by Markets - American Soybean Association-3.8%
• Jan 5, 2023Economist’s Angle: EPA’s Proposed Blending Levels Threaten Ongoing Industry Growth - American Soybean Association+2.5%