# ASA Disappointed in Commerce Decision to Reduce Duties on Subsidized Biodiesel Imports - American Soybean Association

> The American Soybean Association said it is disappointed by the Commerce Department's preliminary decision to significantly reduce countervailing duties on Argentine biodiesel. Antidumping rates would stay the same under the decision announced July 2.

- Date: 2019-07-03 · published 2019-07-03T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/58197-asa-disappointed-in-commerce-decision-to-reduce-duties-on-subsidized-biodiesel
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Reduced duties on subsidized biodiesel imports could displace domestic biodiesel and reduce soybean oil demand in the US.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-04-04 | [Used Cooking Oil Imports for Biofuels Exceed Expectations - American Soybean Association](https://feedsoft.ai/events/15225-used-cooking-oil-imports-for-biofuels-exceed-expectations-american-soybean.md) | -0.4% | -9.1% |
| SBO | 2018-05-01 | [European FAME 0 slips into backwardation due to influx of Q2 biodiesel imports  : The Daily Digest](https://feedsoft.ai/events/65109-european-fame-0-slips-into-backwardation-due-to-influx-of-q2-biodiesel-imports.md) | +1.1% | +2.8% |
| SBO | 2024-10-14 | [CoBank: Biobased diesel feedstock imports impact domestic soybean oil demand \| Biodiesel Magazine](https://feedsoft.ai/events/15175-cobank-biobased-diesel-feedstock-imports-impact-domestic-soybean-oil-demand.md) | -3.1% | +11.3% |
| SBO | 2019-07-10 | [DOC lowers duties on Argentina biodiesel \| 2019-07-09 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/58195-doc-lowers-duties-on-argentina-biodiesel-2019-07-09-agri-pulse-agri-pulse.md) | +0.4% | -1.4% |
| SBO | 2018-03-26 | [EU biodiesel sector faces cheap imports](https://feedsoft.ai/events/66098-eu-biodiesel-sector-faces-cheap-imports.md) | +2.0% | -1.2% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/asa-disappointed-in-commerce-decision-to-reduce-duties-on-subsidized-biodiesel-imports/

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