# 5 Things to Know About the RFS Reset | American Fuel & Petrochemical Manufacturers

> The American Fuel & Petrochemical Manufacturers explains that EPA is preparing to reset the Renewable Fuel Standard volumes for 2020 to 2022. It argues that the mandates have repeatedly fallen short and have effectively become a corn ethanol mandate.

- Date: 2019-05-07 · published 2019-05-07T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/58971-5-things-to-know-about-the-rfs-reset-american-fuel-and-petrochemical
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A lower reset would reduce required biofuel volumes, which would weigh on demand for corn ethanol feedstock and soybean oil used in biodiesel. The size of the reset will determine the price impact.

## Read by commodity

- SBO: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-03-18 | [Everything you need to know about the farm bill in one summit \| CFAES](https://feedsoft.ai/events/60074-everything-you-need-to-know-about-the-farm-bill-in-one-summit-cfaes.md) | +2.6% | -3.5% |
| CORN | 2018-08-28 | [Trump's Farmer Bailout: Half Now, the Rest Later – Maybe](https://feedsoft.ai/events/63526-trump-s-farmer-bailout-half-now-the-rest-later-maybe.md) | +0.8% | +2.6% |
| CORN | 2020-04-16 | [Five oil-refining states ask US EPA to waive biofuel mandate amid plunging fuel demand \| S&P Global](https://feedsoft.ai/events/53530-five-oil-refining-states-ask-us-epa-to-waive-biofuel-mandate-amid-plunging-fuel.md) | -1.1% | -1.4% |
| CORN | 2021-06-19 | [After Mexican GM corn import ban, American farmers ask: What now? - High Plains Journal](https://feedsoft.ai/events/46586-after-mexican-gm-corn-import-ban-american-farmers-ask-what-now-high-plains.md) | -3.3% | -8.0% |
| CORN | 2025-03-19 | [Farmers Caught in Crossfire of Chinese Ship Fee Fight \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/25782-farmers-caught-in-crossfire-of-chinese-ship-fee-fight-farm-bureau-intel-markets.md) | -2.4% | +1.9% |
| SBO | 2017-11-30 | [RFS Volumes Again Fail to Capture Biodiesel’s Potential - American Soybean Association](https://feedsoft.ai/events/67841-rfs-volumes-again-fail-to-capture-biodiesel-s-potential-american-soybean.md) | -2.5% | -4.3% |
| SBO | 2018-03-08 | [White House Holds Meetings to Discuss RFS, Biodiesel - American Soybean Association](https://feedsoft.ai/events/65894-white-house-holds-meetings-to-discuss-rfs-biodiesel-american-soybean-association.md) | -0.5% | -0.5% |
| SBO | 2018-04-19 | [Soy Growers Ask President Trump to Support Renewable Fuel Standard - American Soybean Association](https://feedsoft.ai/events/65395-soy-growers-ask-president-trump-to-support-renewable-fuel-standard-american.md) | -2.0% | -2.7% |

## Sources

- afpm.org: https://www.afpm.org/newsroom/blog/5-things-know-about-rfs-reset

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