# EPA increases volume standard for biodiesel - Morning Ag Clips

> EPA proposed raising the biomass-based diesel volume standard from 2.1 billion gallons in 2019 to 2.43 billion gallons in 2020. The increase was presented to biodiesel industry attendees at a National Biodiesel Board meeting in Washington on June 26. Industry leaders called the number very positive for biodiesel growth.

- Date: 2018-07-03 · published 2018-07-03T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/63927-epa-increases-volume-standard-for-biodiesel-morning-ag-clips
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A higher biodiesel mandate would increase demand for soybean oil and other feedstocks, supporting soybean values. The proposal is not final, so its effect on prices remains conditional.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-07-02 | [EPA increases biodiesel volumes - Brownfield Ag News](https://feedsoft.ai/events/63928-epa-increases-biodiesel-volumes-brownfield-ag-news.md) | -1.3% | -2.8% |
| SBO | 2020-02-07 | [EPA Issues Final Rule On RFS Program Standards For 2020 And Biomass-Based Diesel Volume For 2021](https://feedsoft.ai/events/54466-epa-issues-final-rule-on-rfs-program-standards-for-2020-and-biomass-based.md) | -1.7% | -8.8% |
| SBO | 2017-09-01 | [ASA Asks EPA to Increase Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68822-asa-asks-epa-to-increase-biodiesel-rfs-volumes-american-soybean-association.md) | -0.3% | -6.2% |
| SBO | 2024-06-24 | [Clean Fuels Petitions EPA to Increase Biomass-Based Diesel Volume in RFS](https://feedsoft.ai/events/15208-clean-fuels-petitions-epa-to-increase-biomass-based-diesel-volume-in-rfs.md) | +0.4% | +7.2% |
| SBO | 2018-12-03 | [Increasing Biomass-Based Diesel Volumes included in US EPA’s 2020 renewable volume final rule](https://feedsoft.ai/events/61463-increasing-biomass-based-diesel-volumes-included-in-us-epa-s-2020-renewable.md) | +2.5% | +0.3% |

## Sources

- morningagclips.com: https://www.morningagclips.com/epa-increases-volume-standard-for-biodiesel/

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