# Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2018 and Biomass-Based Diesel Volume for 2019

> The EPA published its final Renewable Fuel Standard rule setting 2018 renewable volume obligations and the 2019 biomass-based diesel volume. The rule keeps conventional biofuel at 15 billion gallons, adds advanced and cellulosic volumes, and holds biomass-based diesel at 2.1 billion gallons.

- Date: 2017-12-12 · published 2017-12-12T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/67350-federal-register-renewable-fuel-standard-program-standards-for-2018-and-biomass
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Biomass-based diesel volumes below industry requests limit soybean oil demand growth from biodiesel, which weighs on soybean oil and supports meal supply without a biofuel-driven premium.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-10-04 | [Renewable Fuel Standard Program: Standards for 2018 and Biomass-Based Diesel Volume for 2019; Availability of Supplemental Information and Request for Further Comment \| 82 FR 46174](https://feedsoft.ai/events/68332-renewable-fuel-standard-program-standards-for-2018-and-biomass-based-diesel.md) | +1.1% | +6.9% |
| SBO | 2021-01-19 | [Federal Register
       :: 
      Notice of Receipt of Petitions for a Waiver of the 2019 and 2020 Renewable Fuel Standards](https://feedsoft.ai/events/49015-federal-register-notice-of-receipt-of-petitions-for-a-waiver-of-the-2019-and.md) | +1.9% | +10.1% |
| SBO | 2023-01-31 | [EPA Proposes Renewable Fuel Standards for 2023, 2024 and 2025 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/15340-epa-proposes-renewable-fuel-standards-for-2023-2024-and-2025-farm-bureau-intel.md) | -3.9% | -2.6% |
| SBO | 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) | +2.8% | -0.2% |
| SBO | 2023-01-10 | [Ag Implores EPA to Raise RFS Volumes for Biomass-Based Diesel, Biodiesel](https://feedsoft.ai/events/15337-ag-implores-epa-to-raise-rfs-volumes-for-biomass-based-diesel-biodiesel.md) | -2.0% | -9.6% |
| SOY | 2023-01-10 | [Ag Implores EPA to Raise RFS Volumes for Biomass-Based Diesel, Biodiesel](https://feedsoft.ai/events/15337-ag-implores-epa-to-raise-rfs-volumes-for-biomass-based-diesel-biodiesel.md) | +2.4% | +0.8% |
| SOY | 2023-07-06 | [New Biofuel Targets Are the End of the Road for Renewable Diesel \| BloombergNEF](https://feedsoft.ai/events/15294-new-biofuel-targets-are-the-end-of-the-road-for-renewable-diesel-bloombergnef.md) | -3.8% | -7.6% |
| SOY | 2023-06-30 | [Renewable Fuel Standard Final Rule – 2023, 2024, 2025: Increases Short of Expectations \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/15301-renewable-fuel-standard-final-rule-2023-2024-2025-increases-short-of.md) | +0.2% | +0.3% |

## Sources

- federalregister.gov: https://www.federalregister.gov/documents/2017/12/12/2017-26426/renewable-fuel-standard-program-standards-for-2018-and-biomass-based-diesel-volume-for-2019

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