# EPA Finalizes RFS Volumes for 2019 and Biomass Based Diesel Volumes for 2020 | U.S. EPA News Releases | US EPA

> The EPA finalized the Renewable Fuel Standard volumes for 2019, holding conventional corn ethanol at 15 billion gallons and raising advanced biofuel volumes by 630 million gallons. It also set the 2020 biomass-based diesel volume 330 million gallons above the 2019 standard.

- Date: 2018-11-30 · published 2018-11-30T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/61899-epa-finalizes-rfs-volumes-for-2019-and-biomass-based-diesel-volumes-for-2020-u
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A higher biomass-based diesel mandate supports soybean oil demand for biodiesel, which is supportive for soy oil and crush margins. The corn ethanol target was unchanged, so the impact on corn is limited.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-02-23 | [EPA finalizes 2018 RFS volumes, 2019 biomass diesel volumes - BIC Magazine](https://feedsoft.ai/events/66364-epa-finalizes-2018-rfs-volumes-2019-biomass-diesel-volumes-bic-magazine.md) | +0.2% | -0.5% |
| SBO | 2018-12-03 | [Increasing Biomass-Based Diesel Volumes included in US EPA’s 2020 renewable volume final rule](https://feedsoft.ai/events/61463-increasing-biomass-based-diesel-volumes-included-in-us-epa-s-2020-renewable.md) | +2.5% | +0.3% |
| SBO | 2020-02-07 | [EPA Issues Final Rule On RFS Program Standards For 2020 And Biomass-Based Diesel Volume For 2021](https://feedsoft.ai/events/54466-epa-issues-final-rule-on-rfs-program-standards-for-2020-and-biomass-based.md) | -1.7% | -8.8% |
| SBO | 2019-09-12 | [Proposed Volumes for 2020 and Biomass-Based Diesel Volume for 2021: Supplemental Notice \| US EPA](https://feedsoft.ai/events/56931-proposed-volumes-for-2020-and-biomass-based-diesel-volume-for-2021-supplemental.md) | +4.0% | +3.1% |
| SBO | 2016-11-23 | [EPA Finalizes Increase in Renewable Fuel Volumes \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/73742-epa-finalizes-increase-in-renewable-fuel-volumes-u-s-epa-news-releases-us-epa.md) | +6.7% | +4.5% |
| SOY | 2018-02-23 | [EPA finalizes 2018 RFS volumes, 2019 biomass diesel volumes - BIC Magazine](https://feedsoft.ai/events/66364-epa-finalizes-2018-rfs-volumes-2019-biomass-diesel-volumes-bic-magazine.md) | +2.5% | -0.2% |
| SOY | 2019-09-12 | [Proposed Volumes for 2020 and Biomass-Based Diesel Volume for 2021: Supplemental Notice \| US EPA](https://feedsoft.ai/events/56931-proposed-volumes-for-2020-and-biomass-based-diesel-volume-for-2021-supplemental.md) | +4.1% | +8.2% |
| SOY | 2016-11-23 | [EPA Finalizes Increase in Renewable Fuel Volumes \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/73742-epa-finalizes-increase-in-renewable-fuel-volumes-u-s-epa-news-releases-us-epa.md) | +0.2% | -2.3% |

## Sources

- epa.gov: https://www.epa.gov/archive/epa/newsreleases/epa-finalizes-rfs-volumes-2019-and-biomass-based-diesel-volumes-2020.html

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