# NBBs bids for Trump to support Biodiesel Producers - Biofuels International Magazine

> The National Biodiesel Board and the American Soybean Association sent a letter to President Trump seeking support for biodiesel growth under the RFS and extension of tax incentives. The groups say farm income is at its lowest in more than a decade despite record soybean production. The letter also cites the impact of small refinery exemptions.

- Date: 2018-09-21 · published 2018-09-21T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/62924-nbbs-bids-for-trump-to-support-biodiesel-producers-biofuels-international
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The request seeks higher biodiesel demand for surplus soybean oil, which could support soybean oil and soybean prices. Depressed farm prices make policy support a key factor for soybean growers.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-10-04 | [NBB thanks bipartisan support for biodiesel tax extension - Biofuels International Magazine](https://feedsoft.ai/events/62415-nbb-thanks-bipartisan-support-for-biodiesel-tax-extension-biofuels.md) | -2.9% | -5.1% |
| SBO | 2025-03-20 | [Indonesia to fully implement B40 biodiesel - Biofuels International Magazine](https://feedsoft.ai/events/15580-indonesia-to-fully-implement-b40-biodiesel-biofuels-international-magazine.md) | +0.6% | +9.9% |
| SBO | 2020-12-23 | [Brazil’s biodiesel blend rises to 13% in March - Biofuels International Magazine](https://feedsoft.ai/events/49519-brazil-s-biodiesel-blend-rises-to-13-in-march-biofuels-international-magazine.md) | +5.2% | +4.8% |
| SBO | 2018-09-25 | [NBB, ASA Ask President Trump to Support Biodiesel Producers, Soy Farmers - Fuels Market News](https://feedsoft.ai/events/62922-nbb-asa-ask-president-trump-to-support-biodiesel-producers-soy-farmers-fuels.md) | +2.7% | +3.1% |
| SBO | 2021-07-20 | [Biodiesel blends in Brazil to nudge up after being cut - Biofuels International Magazine](https://feedsoft.ai/events/46143-biodiesel-blends-in-brazil-to-nudge-up-after-being-cut-biofuels-international.md) | -0.1% | -2.1% |
| SOY | 2018-09-25 | [NBB, ASA Ask President Trump to Support Biodiesel Producers, Soy Farmers - Fuels Market News](https://feedsoft.ai/events/62922-nbb-asa-ask-president-trump-to-support-biodiesel-producers-soy-farmers-fuels.md) | +2.0% | +2.1% |
| SOY | 2019-05-23 | [US ag industry calls on Congress to extend biodiesel tax credit - Biofuels International Magazine](https://feedsoft.ai/events/58977-us-ag-industry-calls-on-congress-to-extend-biodiesel-tax-credit-biofuels.md) | +7.3% | +10.5% |
| SOY | 2019-09-03 | [NBB urges EPA to increase biodiesel volumes in annual RFS rule \| Bioenergy International](https://feedsoft.ai/events/56933-nbb-urges-epa-to-increase-biodiesel-volumes-in-annual-rfs-rule-bioenergy.md) | -1.4% | +5.7% |

## Sources

- biofuels-news.com: https://biofuels-news.com/news/nbbs-bids-for-trump-to-support-biodiesel-producers/

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