# Proposed RFS growth sends hopeful signal to biodiesel industry | Biodiesel Magazine

> The National Biodiesel Board welcomed the EPA's proposed Renewable Fuel Standard volumes for 2019. The piece frames the proposal as a positive signal for biodiesel producers.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/64602-proposed-rfs-growth-sends-hopeful-signal-to-biodiesel-industry-biodiesel
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher proposed biomass-based diesel volumes would support demand for soybean oil and other feedstocks used in biodiesel, which could firm soyoil prices.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-02-01 | [Senators call on EPA to set strong RFS RVOs, deny pending SREs  \| Biodiesel Magazine](https://feedsoft.ai/events/15415-senators-call-on-epa-to-set-strong-rfs-rvos-deny-pending-sres-biodiesel-magazine.md) | +1.1% | +8.8% |
| SBO | 2023-05-04 | [Is the biodiesel industry on the ropes?](https://feedsoft.ai/events/15312-is-the-biodiesel-industry-on-the-ropes.md) | +0.4% | -8.7% |
| SBO | 2023-05-05 | [3 years’ worth of proposed RFS ‘growth’ in biobased diesel volumes fulfilled in 3 months](https://feedsoft.ai/events/15309-3-years-worth-of-proposed-rfs-growth-in-biobased-diesel-volumes-fulfilled-in-3.md) | -0.2% | -7.2% |
| SBO | 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) | +1.7% | +4.7% |
| SBO | 2020-09-16 | [South Dakota Soybean \| Biodiesel Industry Plans for Future Growth;…](https://feedsoft.ai/events/50990-south-dakota-soybean-biodiesel-industry-plans-for-future-growth.md) | -1.2% | -1.1% |

## Sources

- biodieselmagazine.com: https://biodieselmagazine.com/articles/proposed-rfs-growth-sends-hopeful-signal-to-biodiesel-industry-2516400

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