# Final RFS figures closely resemble July proposal - Agweek | #1 source for agriculture news, farming, markets

> EPA released 2018 Renewable Fuel Standard volume obligations, with 15 billion gallons of conventional biofuel and 4.29 billion gallons of advanced biofuel. Biomass-based diesel stayed at 2.1 billion gallons, while cellulosic volume rose by 50 million gallons.

- Date: 2017-12-01 · published 2017-12-01T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/67352-final-rfs-figures-closely-resemble-july-proposal-agweek-1-source-for
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Holding biomass-based diesel flat limits expected soybean oil demand growth from biofuel, while the steady conventional ethanol volume supports corn grind demand.

## Read by commodity

- SBO: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-04-02 | [Biodiesel industry urges support for Renewable Fuel Standards - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/65400-biodiesel-industry-urges-support-for-renewable-fuel-standards-agweek-1-source.md) | -1.1% | -4.5% |
| SBO | 2017-11-30 | [Final RFS figures closely resemble July proposal \| 2017-11-30 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/67844-final-rfs-figures-closely-resemble-july-proposal-2017-11-30-agri-pulse-agri.md) | -2.5% | -4.3% |
| SBO | 2017-07-05 | [EPA Proposes RFS Volumes Reflective of Market Realities for 2018 \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/69848-epa-proposes-rfs-volumes-reflective-of-market-realities-for-2018-u-s-epa-news.md) | +1.8% | +2.2% |
| 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 | 2017-07-06 | [EPA Lowers Proposed Volume Standards for RFS \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/69849-epa-lowers-proposed-volume-standards-for-rfs-farm-bureau-intel-markets-american.md) | +0.8% | +3.0% |
| CORN | 2018-07-16 | [EPA released proposed biofuels volumes in RFS with mixed industry reaction - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/63925-epa-released-proposed-biofuels-volumes-in-rfs-with-mixed-industry-reaction.md) | +4.6% | +9.9% |
| CORN | 2026-09-16 | [Farm Bill 2.0 passes the Senate Agriculture Committee - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/17470-farm-bill-2-0-passes-the-senate-agriculture-committee-agweek-1-source-for.md) | -0.6% | -5.6% |
| CORN | 2017-10-22 | [EPA decision on mandates supports oils - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/68334-epa-decision-on-mandates-supports-oils-agweek-1-source-for-agriculture-news.md) | +0.7% | -4.1% |

## Sources

- agweek.com: https://www.agweek.com/business/final-rfs-figures-closely-resemble-july-proposal

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