# EPA Announces Biodiesel and Advanced Biofuels Volumes - American Soybean Association

> The American Soybean Association welcomed the EPA's 2020 biomass-based diesel requirement of 2.43 billion gallons, a 330-million-gallon increase. Soy groups criticized the lack of reallocation for volumes waived through small refinery exemptions.

- Date: 2018-11-30 · published 2018-11-30T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/61900-epa-announces-biodiesel-and-advanced-biofuels-volumes-american-soybean
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The biodiesel mandate increase supports soybean oil demand, while the unaddressed waived volumes limit the expected uplift. Soy oil prices may firm modestly.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-08-11 | [Tell EPA to Increase RFS Biodiesel and Advanced Biofuels Volumes in 2018 and 2019 - American Soybean Association](https://feedsoft.ai/events/69327-tell-epa-to-increase-rfs-biodiesel-and-advanced-biofuels-volumes-in-2018-and.md) | -1.6% | +2.5% |
| SBO | 2017-09-01 | [ASA Asks EPA to Increase Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68822-asa-asks-epa-to-increase-biodiesel-rfs-volumes-american-soybean-association.md) | -0.3% | -6.2% |
| SBO | 2018-06-26 | [EPA Increases Proposed RFS Volumes - American Soybean Association](https://feedsoft.ai/events/64402-epa-increases-proposed-rfs-volumes-american-soybean-association.md) | -0.6% | -2.4% |
| SBO | 2016-11-23 | [EPA Releases 2017-18 RFS Volumes - American Soybean Association](https://feedsoft.ai/events/73743-epa-releases-2017-18-rfs-volumes-american-soybean-association.md) | +6.7% | +4.5% |
| SBO | 2021-05-11 | [Biodiesel: Better, Cleaner, Now! - American Soybean Association](https://feedsoft.ai/events/46965-biodiesel-better-cleaner-now-american-soybean-association.md) | +3.4% | +3.7% |
| SOY | 2017-09-01 | [ASA Asks EPA to Increase Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68822-asa-asks-epa-to-increase-biodiesel-rfs-volumes-american-soybean-association.md) | +2.2% | +3.4% |
| SOY | 2016-11-23 | [EPA Releases 2017-18 RFS Volumes - American Soybean Association](https://feedsoft.ai/events/73743-epa-releases-2017-18-rfs-volumes-american-soybean-association.md) | +0.2% | -2.3% |
| SOY | 2019-01-29 | [Biodiesel Market in EU Opens for U.S. Soybeans - American Soybean Association](https://feedsoft.ai/events/61201-biodiesel-market-in-eu-opens-for-u-s-soybeans-american-soybean-association.md) | -0.5% | -2.1% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/epa-announces-biodiesel-advanced-biofuels-volumes/

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