# Biofuel groups testify on importance of stable tax policy

> Biofuel groups including NBB and RFA testified before the House Ways & Means Committee in support of extending the biodiesel blenders tax credit. Witnesses argued that stable tax incentives drive investment and market certainty.

- Date: 2018-03-15 · published 2018-03-15T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/65897-biofuel-groups-testify-on-importance-of-stable-tax-policy
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Renewal of the blenders credit would support biodiesel production and soybean oil demand. Uncertainty about the credit would weigh on biodiesel margins.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-02-05 | [Iowa Farmers Press Importance of Biodiesel](https://feedsoft.ai/events/48512-iowa-farmers-press-importance-of-biodiesel.md) | +1.4% | +10.6% |
| SBO | 2026-05-27 | [Strong RVO’s, Strong Crush: Biofuel Policy Tightens Soybean Oil Balance Sheet](https://feedsoft.ai/events/15023-strong-rvo-s-strong-crush-biofuel-policy-tightens-soybean-oil-balance-sheet.md) | +2.2% | -3.6% |
| SBO | 2025-08-08 | [EPA’s Proposal to Focus Biofuel Policy on Domestic Fuels Doesn’t Add Up - Union of Concerned Scientists](https://feedsoft.ai/events/15097-epa-s-proposal-to-focus-biofuel-policy-on-domestic-fuels-doesn-t-add-up-union.md) | -1.2% | -1.6% |
| SBO | 2026-04-01 | [Policy Updates: EPA sets record high biofuel volumes in Renewable Fuel Standard final rule - Pro Farmer](https://feedsoft.ai/events/15031-policy-updates-epa-sets-record-high-biofuel-volumes-in-renewable-fuel-standard.md) | +0.5% | +5.2% |
| SBO | 2022-02-21 | [A growing group of US biodiesel producers proposes RFS policy fix to save their investments](https://feedsoft.ai/events/15418-a-growing-group-of-us-biodiesel-producers-proposes-rfs-policy-fix-to-save-their.md) | +5.2% | +2.2% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/policy/biofuel-groups-testify-on-importance-of-stable-tax-policy

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