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A North Dakota letter writer says trade disruption and late-season weather are hurting local soybean farmers. The writer asks the president to raise biodiesel volumes in the RFS and restore biodiesel demand lost to small refinery exemptions.
Higher RFS biodiesel volumes would add soybean oil demand, which supports soyoil and soybean prices for farmers.
After 842 past bullish policy events, SBO moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.