# NBB, ASA Ask President Trump to Support Biodiesel Producers, Soy Farmers - Fuels Market News

> The National Biodiesel Board and the American Soybean Association wrote to President Trump asking for support for biodiesel under the RFS, relief from lost demand due to exemptions, and extension of tax incentives. The letter says the EPA's proposal offers too little room for biodiesel growth. It also says exemptions cut biodiesel demand by at least 300 million gallons.

- Date: 2018-09-25 · published 2018-09-25T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/62922-nbb-asa-ask-president-trump-to-support-biodiesel-producers-soy-farmers-fuels
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lobbying for higher biodiesel volumes and tax credit extensions supports soybean oil demand if successful. Soybean farm income pressure makes the outcome relevant to soybean prices.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-09-21 | [NBBs bids for Trump to support Biodiesel Producers - Biofuels International Magazine](https://feedsoft.ai/events/62924-nbbs-bids-for-trump-to-support-biodiesel-producers-biofuels-international.md) | +4.6% | +5.1% |
| SBO | 2018-10-04 | [NBB Appreciates Bipartisan Support for Biodiesel Tax Incentive Extension - Fuels Market News](https://feedsoft.ai/events/62416-nbb-appreciates-bipartisan-support-for-biodiesel-tax-incentive-extension-fuels.md) | -2.9% | -5.1% |
| SBO | 2025-11-12 | [NOPA and ASA Urge President Trump to Finalize Biofuel Policies Supporting U.S. Farmers, Processors, and Domestic Energy - NOPA](https://feedsoft.ai/events/15073-nopa-and-asa-urge-president-trump-to-finalize-biofuel-policies-supporting-u-s.md) | +2.1% | +0.7% |
| SBO | 2018-09-20 | [Biofuel Supporters Ask Trump for RFS Support \| Red River Farm Network](https://feedsoft.ai/events/62926-biofuel-supporters-ask-trump-for-rfs-support-red-river-farm-network.md) | +4.5% | +8.5% |
| SBO | 2022-06-30 | [EIA: Ethanol and Biomass-based Diesel Prices - Fuels Market News](https://feedsoft.ai/events/15389-eia-ethanol-and-biomass-based-diesel-prices-fuels-market-news.md) | -11.1% | -14.1% |
| SOY | 2018-09-21 | [NBBs bids for Trump to support Biodiesel Producers - Biofuels International Magazine](https://feedsoft.ai/events/62924-nbbs-bids-for-trump-to-support-biodiesel-producers-biofuels-international.md) | +0.6% | +1.6% |
| SOY | 2025-11-12 | [NOPA and ASA Urge President Trump to Finalize Biofuel Policies Supporting U.S. Farmers, Processors, and Domestic Energy - NOPA](https://feedsoft.ai/events/15073-nopa-and-asa-urge-president-trump-to-finalize-biofuel-policies-supporting-u-s.md) | +3.6% | -2.0% |
| SOY | 2024-01-11 | [Increasing biodiesel production impacting soybean markets – AgriNews](https://feedsoft.ai/events/15243-increasing-biodiesel-production-impacting-soybean-markets-agrinews.md) | -1.2% | -2.9% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/nbb-asa-ask-president-trump-to-support-biodiesel-producers-soy-farmers/

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