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The American Farm Bureau Federation explains how Renewable Identification Numbers are generated and priced under the RFS. It warns that proposals such as RIN multipliers, RIN price caps and no-retirement-on-export would weaken the program.
The piece says recent reports suggest those changes are on hold.
RIN price and RFS design determine how much blending demand biofuel feedstocks such as corn and soybean oil receive. The article is background and does not itself signal a new price move.
fb.orgJohn Newton, Ph.D.Apr 16, 2018After 1,419 past policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 1,905 past policy events, Soybeans moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.8%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
