# Lankford Joins Senators to Urge RFS Policy to Reflect Market Realities - Senator James Lankford

> Senator James Lankford joined a group of Republican senators in urging EPA Administrator Andrew Wheeler to reset conventional biofuel volumes below 10 percent of projected 2020 gasoline demand. The letter cites the ethanol blend wall as a reason to limit the mandate.

- Date: 2019-05-01 · published 2019-05-01T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/58973-lankford-joins-senators-to-urge-rfs-policy-to-reflect-market-realities-senator
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A lower conventional biofuel volume would reduce demand for corn used in ethanol, which is bearish for corn. The final rule will set how much the reset actually cuts.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-02-21 | [NATSO Analysis: RIN Market Volatility Driven By Policy Announcements, Rumors & News Reports; Reforms Unnecessary - NATSO](https://feedsoft.ai/events/60465-natso-analysis-rin-market-volatility-driven-by-policy-announcements-rumors-and.md) | -0.3% | +2.0% |
| CORN | 2018-09-03 | [FSA Administrator Highlights Market Facilitation Program; Chinese Ag Imports Projected to Decrease - Farm Policy News](https://feedsoft.ai/events/62895-fsa-administrator-highlights-market-facilitation-program-chinese-ag-imports.md) | +0.9% | +1.1% |
| CORN | 2024-03-25 | [Argentina FX change, return of tax to spur exports \| Latest Market News](https://feedsoft.ai/events/13931-argentina-fx-change-return-of-tax-to-spur-exports-latest-market-news.md) | -4.9% | -6.9% |
| CORN | 2017-02-14 | ['No Mas' to U.S. Corn Imports, Mexico Senator Says](https://feedsoft.ai/events/72496-no-mas-to-u-s-corn-imports-mexico-senator-says.md) | -0.2% | -2.4% |
| CORN | 2025-10-07 | [Federal Biofuel Policies Likely To Drive Demand For U.S. Corn, Soybeans - Michigan Advanced Biofuels Coalition](https://feedsoft.ai/events/15081-federal-biofuel-policies-likely-to-drive-demand-for-u-s-corn-soybeans-michigan.md) | -1.7% | +0.8% |

## Sources

- lankford.senate.gov: https://www.lankford.senate.gov/news/press-releases/lankford-joins-senators-to-urge-rfs-policy-to-reflect-market-realities/

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