# NBB Shows Higher 2020 Biodiesel Volumes Are Achievable in Comments on Annual RFS Rule - Fuels Market News

> The National Biodiesel Board filed comments urging EPA to raise 2020 biomass-based diesel volume to 2.8 billion gallons and to fully account for small refinery exemptions. It cited USDA's August forecast of 785 million bushels of 2018 soybean ending stocks and LMC's estimate of over 4.4 billion pounds of distillers corn oil output.

- Date: 2018-08-23 · published 2018-08-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/63409-nbb-shows-higher-2020-biodiesel-volumes-are-achievable-in-comments-on-annual
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Larger biodiesel targets would draw more soybean oil and distillers corn oil into fuel use, supporting those oil prices. Feedstock availability cited in the comments suggests the demand is achievable.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-09-01 | [NBB: RFS Proposal Runs Counter to Congress's Intent; Volumes Should Be Higher - Fuels Market News](https://feedsoft.ai/events/68827-nbb-rfs-proposal-runs-counter-to-congress-s-intent-volumes-should-be-higher.md) | -0.3% | -6.2% |
| SBO | 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) | -1.3% | +1.2% |
| SBO | 2017-04-25 | [Biofuels Stakeholders Issue Statement on Oral Arguments for 2014 – 2016 Renewable Volume Obligations - Fuels Market News](https://feedsoft.ai/events/71377-biofuels-stakeholders-issue-statement-on-oral-arguments-for-2014-2016-renewable.md) | +0.6% | +3.9% |
| SBO | 2024-03-25 | [Indonesia sets biodiesel production volumes for B50 \| Latest Market News](https://feedsoft.ai/events/15657-indonesia-sets-biodiesel-production-volumes-for-b50-latest-market-news.md) | +0.6% | -4.4% |
| 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% |
| SOY | 2017-09-01 | [NBB: RFS Proposal Runs Counter to Congress's Intent; Volumes Should Be Higher - Fuels Market News](https://feedsoft.ai/events/68827-nbb-rfs-proposal-runs-counter-to-congress-s-intent-volumes-should-be-higher.md) | +2.2% | +3.4% |
| 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% |
| SOY | 2026-09-11 | [Biodiesel Producers Prepare for Higher US Renewable Fuel Requirements](https://feedsoft.ai/events/14995-biodiesel-producers-prepare-for-higher-us-renewable-fuel-requirements.md) | +3.1% | +0.0% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/nbb-shows-higher-2020-biodiesel-volumes-are-achievable-in-comments-on-annual-rfs-rule/

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