# Grain Journal | National Biodiesel Board Commends Proposed Limit on…

> The National Biodiesel Board praised the bipartisan Renewable Fuel Standard Integrity Act of 2019, which would require small refineries to petition for hardship exemptions by June 1 each year. The NBB said EPA's recent wave of retroactive small refinery exemptions destroyed demand for more than 360 million gallons of biodiesel and renewable diesel over 16 months.

- Date: 2019-05-24 · published 2019-05-24T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/58970-grain-journal-national-biodiesel-board-commends-proposed-limit-on
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

If passed, the bill would tighten the handling of exemptions and could restore biofuel demand that weighs on soybean oil and soybean crush margins. The market impact depends on whether the bill advances and how EPA sets the next volume obligations.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-06-26 | [Proposed RFS growth sends hopeful signal to biodiesel industry \| Biodiesel Magazine](https://feedsoft.ai/events/64602-proposed-rfs-growth-sends-hopeful-signal-to-biodiesel-industry-biodiesel.md) | -0.6% | -2.4% |
| SBO | 2019-03-27 | [National Biodiesel Board urges Congress to extend biodiesel tax incentive - Biofuels International Magazine](https://feedsoft.ai/events/59978-national-biodiesel-board-urges-congress-to-extend-biodiesel-tax-incentive.md) | +1.1% | -2.5% |
| SBO | 2017-04-27 | [U.S. proposes biodiesel tax credit for producers \| World-grain.com \| April 27, 2017 14:43 \| World Grain](https://feedsoft.ai/events/71383-u-s-proposes-biodiesel-tax-credit-for-producers-world-grain-com-april-27-2017.md) | +1.3% | +1.2% |
| SBO | 2024-09-18 | [Grain Journal \| Op-Ed: EPA’s 18-month blunder on biofuel blending…](https://feedsoft.ai/events/15184-grain-journal-op-ed-epa-s-18-month-blunder-on-biofuel-blending.md) | +5.5% | +1.5% |
| SBO | 2017-03-27 | [ASA Supports National Biodiesel Board Anti-Dumping Petition - American Soybean Association](https://feedsoft.ai/events/72087-asa-supports-national-biodiesel-board-anti-dumping-petition-american-soybean.md) | -1.4% | -1.7% |
| SOY | 2024-09-18 | [Grain Journal \| Op-Ed: EPA’s 18-month blunder on biofuel blending…](https://feedsoft.ai/events/15184-grain-journal-op-ed-epa-s-18-month-blunder-on-biofuel-blending.md) | +3.6% | -1.5% |
| SOY | 2025-06-13 | [U.S. grains: Soybeans climb, soyoil soars daily limit on US biofuel proposal \| The Western Producer](https://feedsoft.ai/events/8580-u-s-grains-soybeans-climb-soyoil-soars-daily-limit-on-us-biofuel-proposal-the.md) | +2.5% | -4.3% |
| SOY | 2022-04-28 | [Legislation passage fuels growth in biodiesel](https://feedsoft.ai/events/15404-legislation-passage-fuels-growth-in-biodiesel.md) | -3.3% | -2.6% |

## Sources

- grainjournal.com: https://www.grainjournal.com/article/169077/national-biodiesel-board-commends-proposed-limit-on-small-refinery-exemptions-in-renewable-fuel-standard

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