# EPA finalizes 2018 RFS volumes, 2019 biomass diesel volumes - BIC Magazine

> The EPA finalized 2018 Renewable Fuel Standard volumes at current levels, including a 15-billion-gallon conventional biofuel level, and set 2019 biomass-based diesel volumes. The final rule was only slightly changed from the proposal issued in 2017.

- Date: 2018-02-23 · published 2018-02-23T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/66364-epa-finalizes-2018-rfs-volumes-2019-biomass-diesel-volumes-bic-magazine
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Holding the conventional volume at 15 billion gallons supports corn-based ethanol demand and soybean oil demand for biodiesel. Certainty removes a major policy risk that could have cut feedstock demand.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-19 | [EPA Fulfills Another Trump Administration Promise: Finalizes RFS Volumes for 2020 and Biomass Based Diesel Volumes for 2021 \| US EPA](https://feedsoft.ai/events/55449-epa-fulfills-another-trump-administration-promise-finalizes-rfs-volumes-for.md) | +0.5% | +0.7% |
| CORN | 2019-09-12 | [Proposed Volumes for 2020 and Biomass-Based Diesel Volume for 2021: Supplemental Notice \| US EPA](https://feedsoft.ai/events/56931-proposed-volumes-for-2020-and-biomass-based-diesel-volume-for-2021-supplemental.md) | +4.8% | +9.0% |
| CORN | 2022-12-01 | [EPA's RFS “set” rule boosts RVOs through 2025, addresses eRINs  \| Biodiesel Magazine](https://feedsoft.ai/events/15350-epa-s-rfs-set-rule-boosts-rvos-through-2025-addresses-erins-biodiesel-magazine.md) | -3.3% | +1.9% |
| CORN | 2017-08-14 | [Iowa leaders ask EPA to boost RFS biodiesel volume](https://feedsoft.ai/events/69336-iowa-leaders-ask-epa-to-boost-rfs-biodiesel-volume.md) | -2.0% | -4.4% |
| CORN | 2016-11-23 | [EPA Finalizes Increase in Renewable Fuel Volumes \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/73742-epa-finalizes-increase-in-renewable-fuel-volumes-u-s-epa-news-releases-us-epa.md) | -3.8% | -1.5% |
| SBO | 2018-11-30 | [EPA Finalizes RFS Volumes for 2019 and Biomass Based Diesel Volumes for 2020 \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/61899-epa-finalizes-rfs-volumes-for-2019-and-biomass-based-diesel-volumes-for-2020-u.md) | +3.0% | -0.5% |
| SBO | 2020-02-07 | [EPA Issues Final Rule On RFS Program Standards For 2020 And Biomass-Based Diesel Volume For 2021](https://feedsoft.ai/events/54466-epa-issues-final-rule-on-rfs-program-standards-for-2020-and-biomass-based.md) | -1.7% | -8.8% |
| SBO | 2018-12-03 | [Increasing Biomass-Based Diesel Volumes included in US EPA’s 2020 renewable volume final rule](https://feedsoft.ai/events/61463-increasing-biomass-based-diesel-volumes-included-in-us-epa-s-2020-renewable.md) | +2.5% | +0.3% |

## Sources

- bicmagazine.com: https://www.bicmagazine.com/projects-expansions/renewable-sustainability-h2-esg/february-2018-epa-finalizes-2018-rfs-volumes-2019-biomass-diesel-volumes/

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