Ag Secretary Sees RFS Volumes, RIN Prices as Separate Discussions

After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.

• Mar 23, 2022Diammonium Phosphate Prices Growing Twice in the US as Russia Implies Export Restrictions+1.2%
• Feb 14, 2023Secretary Naig Calls on EPA to Accelerate Biofuel Growth and Protect Congressional Intent in Final RFS Rule | Iowa Department of Agriculture and Land Stewardship-0.8%
• Feb 25, 2021China living up to trade deal promises, Biden's agriculture secretary says-1.1%
• Feb 23, 2018EPA finalizes 2018 RFS volumes, 2019 biomass diesel volumes - BIC Magazine+1.9%
• Mar 14, 2019EPA Proposes RFS RIN Reforms Along with E15 - American Soybean Association+4.2%

After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% over 20.

• May 15, 2017EPA sends RFS volume obligations proposal to OMB - Iowa Agribusiness Radio Network+1.3%
• Apr 16, 2020NBB opposes petition to waive RFS volumes-3.7%
• Nov 16, 2017Biodiesel Industry Board Asks for Higher RFS Volumes-2.0%
• Jul 18, 2017Public hearing on RFS volume proposals set | Iowa Agribusiness Radio Network+1.8%
• Mar 14, 2019EPA Proposes RFS RIN Reforms Along with E15 - American Soybean Association-1.4%