# Reaction to EPA's proposed new RFS quotas

> EPA's proposal raises renewable volume obligations by about 3% for 2019, with cellulosic and advanced biofuel targets rising 100 million and 600 million gallons. Soybean groups welcomed the biodiesel increase, while the National Farmers Union criticized waivers that have reduced renewable fuel demand.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/64403-reaction-to-epa-s-proposed-new-rfs-quotas
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Biodiesel volume growth supports soybean oil prices, but waivers reducing blending demand limit how much of the increase reaches the market.

## Read by commodity

- SBO: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-08-23 | [ASA Submits Comments to EPA on Proposed RFS Rule - American Soybean Association](https://feedsoft.ai/events/63408-asa-submits-comments-to-epa-on-proposed-rfs-rule-american-soybean-association.md) | -0.7% | -2.2% |
| SBO | 2018-06-26 | [EPA Increases Proposed RFS Volumes - American Soybean Association](https://feedsoft.ai/events/64402-epa-increases-proposed-rfs-volumes-american-soybean-association.md) | -0.6% | -2.4% |
| SBO | 2025-05-16 | [EPA Delivers Proposed RVOs to White House - Farm Policy News](https://feedsoft.ai/events/15117-epa-delivers-proposed-rvos-to-white-house-farm-policy-news.md) | +0.5% | -3.0% |
| SBO | 2022-01-05 | [NBB Testifies on Proposed RFS Reset for 2020-22  \|  Ohio Ag Connection](https://feedsoft.ai/events/15428-nbb-testifies-on-proposed-rfs-reset-for-2020-22-ohio-ag-connection.md) | +0.7% | +6.3% |
| SBO | 2018-07-16 | [EPA released proposed biofuels volumes in RFS with mixed industry reaction - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/63925-epa-released-proposed-biofuels-volumes-in-rfs-with-mixed-industry-reaction.md) | +1.5% | +0.7% |
| CORN | 2017-07-05 | [EPA Proposes RFS Volumes Reflective of Market Realities for 2018 \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/69848-epa-proposes-rfs-volumes-reflective-of-market-realities-for-2018-u-s-epa-news.md) | +3.3% | -3.3% |
| CORN | 2020-05-15 | [EPA delivers proposed rule to set 2021 RFS RVOs to OMB  \| Biodiesel Magazine](https://feedsoft.ai/events/52995-epa-delivers-proposed-rule-to-set-2021-rfs-rvos-to-omb-biodiesel-magazine.md) | -0.3% | +2.8% |
| CORN | 2017-05-15 | [EPA sends RFS volume obligations proposal to OMB - Iowa Agribusiness Radio Network](https://feedsoft.ai/events/70872-epa-sends-rfs-volume-obligations-proposal-to-omb-iowa-agribusiness-radio-network.md) | +0.5% | +3.5% |

## Sources

- farmprogress.com: https://www.farmprogress.com/technology/reaction-to-epa-s-proposed-new-rfs-quotas

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