# RFS levels fail to offer forward advance on biofuels demand

> EPA released final 2019 RFS volume targets that biofuel groups said were a missed opportunity because lost volumes from refinery waivers were not reallocated. The rule kept conventional volumes at 15 billion gallons and raised advanced and biomass-based diesel targets.

- Date: 2018-11-30 · published 2018-11-30T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/61902-rfs-levels-fail-to-offer-forward-advance-on-biofuels-demand
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Unreallocated waivers mean actual blending demand falls short of headline targets, which limits the upside for ethanol and soy oil. The net effect on feedstock prices is modest.

## Read by commodity

- SBO: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-11-02 | [Reform The RFS - Advanced Biofuels Association](https://feedsoft.ai/events/15435-reform-the-rfs-advanced-biofuels-association.md) | -4.4% | -8.0% |
| SBO | 2024-06-30 | [Biofuels to Overtake China as Soybean Demand Driver \| CZ app](https://feedsoft.ai/events/29748-biofuels-to-overtake-china-as-soybean-demand-driver-cz-app.md) | +10.1% | +2.7% |
| SBO | 2024-06-12 | [Senators urge EPA to set strong 2026 RFS RVOs for biomass-based diesel and advanced biofuels \| Biodiesel Magazine](https://feedsoft.ai/events/15206-senators-urge-epa-to-set-strong-2026-rfs-rvos-for-biomass-based-diesel-and.md) | +1.0% | +9.5% |
| SBO | 2026-07-26 | [Biofuel Mandates Test Capacity and Soybean Oil Demand - RFD](https://feedsoft.ai/events/15007-biofuel-mandates-test-capacity-and-soybean-oil-demand-rfd.md) | -7.3% | -3.1% |
| SBO | 2024-01-22 | [Soybean Oil Rises With More US Demand Forecast for Biofuels - Bloomberg](https://feedsoft.ai/events/32190-soybean-oil-rises-with-more-us-demand-forecast-for-biofuels-bloomberg.md) | -0.9% | -2.2% |
| CORN | 2019-12-18 | [Ag, biofuel groups appeal to President for 'direct intervention' on RFS](https://feedsoft.ai/events/55456-ag-biofuel-groups-appeal-to-president-for-direct-intervention-on-rfs.md) | -0.1% | -1.9% |
| CORN | 2025-02-05 | [Biofuels face uncertainty after record year](https://feedsoft.ai/events/26047-biofuels-face-uncertainty-after-record-year.md) | +0.4% | -7.9% |
| CORN | 2019-07-05 | [Biofuel industry criticizes EPA’s 2020 RFS levels](https://feedsoft.ai/events/57960-biofuel-industry-criticizes-epa-s-2020-rfs-levels.md) | +1.9% | -4.0% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/agribusiness-news/rfs-levels-fail-to-offer-forward-advance-on-biofuels-demand

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