# NBB Fuels Biodiesel Promotion | U.S. Canola Association

> The National Biodiesel Board urged EPA to raise biomass-based diesel volumes and fully account for small refinery hardship exemptions. A group of 39 senators had sent a letter to EPA backing these goals. EPA has proposed a 2020 biomass-based diesel volume of 2.43 billion gallons.

- Date: 2018-09-27 · published 2018-09-27T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/62921-nbb-fuels-biodiesel-promotion-u-s-canola-association
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A higher final biomass-based diesel volume would increase demand for soybean oil, while larger exemptions would reduce it. The final rule's treatment of exemptions is therefore a key price driver for soybean oil.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| SBO | 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) | -0.6% | -0.7% |
| SBO | 2018-02-22 | [Success in Antidumping Case for Biodiesel - American Soybean Association](https://feedsoft.ai/events/66593-success-in-antidumping-case-for-biodiesel-american-soybean-association.md) | -0.3% | +0.9% |
| SBO | 2026-04-01 | [Biofuels Policies Provide U.S. Soy Stability \| Illinois Soybean Association](https://feedsoft.ai/events/15035-biofuels-policies-provide-u-s-soy-stability-illinois-soybean-association.md) | +0.5% | +5.2% |
| SBO | 2018-11-30 | [EPA Announces Biodiesel and Advanced Biofuels Volumes - American Soybean Association](https://feedsoft.ai/events/61900-epa-announces-biodiesel-and-advanced-biofuels-volumes-american-soybean.md) | +3.0% | -0.5% |

## Sources

- uscanola.com: https://www.uscanola.com/news-views/usca-blog/nbb-fuels-biodiesel-promotion/

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