# The White House's Soybean Problem Is A Win For Renewable Energy Group (NYSE:CVX) | Seeking Alpha

> Renewable Energy Group benefited from a leaked EPA biomass-based diesel proposal for 2020 that contained a surprise increase, while China's new tariffs on U.S. soybeans pushed soybean prices lower and cut biodiesel production costs. The article also notes that the official EPA release was postponed after refiner pushback.

- Date: 2018-06-25 · published 2018-06-25T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/64407-the-white-house-s-soybean-problem-is-a-win-for-renewable-energy-group-nyse-cvx
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower soybean prices from Chinese tariffs reduce feedstock costs for biodiesel, while the proposed biodiesel mandate increase supports soybean oil demand.

## Read by commodity

- SBO: bullish ▲
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-09-01 | [The Trade War Is Creating a Windfall for Rivals of U.S. Soy in China](https://feedsoft.ai/events/57615-the-trade-war-is-creating-a-windfall-for-rivals-of-u-s-soy-in-china.md) | -1.3% | +1.2% |
| SBO | 2021-01-27 | [The sharp rise in prices of soybean oil will support prices for sunflower oil and sunflower](https://feedsoft.ai/events/49249-the-sharp-rise-in-prices-of-soybean-oil-will-support-prices-for-sunflower-oil.md) | +3.8% | +13.1% |
| SBO | 2019-01-29 | [EU seeks to soothe U.S. by clearing soybeans for biofuel](https://feedsoft.ai/events/60970-eu-seeks-to-soothe-u-s-by-clearing-soybeans-for-biofuel.md) | -0.6% | -0.7% |
| SBO | 2026-09-01 | [After the Bell \| Grain and energy rally - Pro Farmer](https://feedsoft.ai/events/10977-after-the-bell-grain-and-energy-rally-pro-farmer.md) | -3.7% | -6.6% |
| SBO | 2022-08-15 | [Demand for grain and soybean derivatives from the US and BR increases - Revista Cultivar](https://feedsoft.ai/events/6710-demand-for-grain-and-soybean-derivatives-from-the-us-and-br-increases-revista.md) | -2.4% | +1.1% |
| SOY | 2020-04-21 | [Soybeans: Probably led lower by the energy complex - OCBC - Forex Crunch](https://feedsoft.ai/events/53674-soybeans-probably-led-lower-by-the-energy-complex-ocbc-forex-crunch.md) | +0.3% | +2.2% |
| SOY | 2018-01-16 | [For US Soybean Growers, Trade War Is Here](https://feedsoft.ai/events/66856-for-us-soybean-growers-trade-war-is-here.md) | +4.3% | +6.1% |
| SOY | 2021-12-28 | [A Narrow Export Window Possible for U.S. Soybeans \| Red River Farm Network](https://feedsoft.ai/events/43633-a-narrow-export-window-possible-for-u-s-soybeans-red-river-farm-network.md) | -1.4% | +3.3% |

## Sources

- seekingalpha.com: https://seekingalpha.com/article/4183684-the-white-houses-soybean-problem-is-a-win-for-renewable-energy-group

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