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NATSO explained the structure of the 2018 Renewable Fuel Standard, including its four volume categories and EPA waiver authority. It says EPA used its cellulosic waiver to lower cellulosic volumes below statutory levels.
The explainer describes the policy framework behind biofuel blending demand, but it adds no new volume decision that would move prices on its own.
natso.comNATSO See Full BioDec 14, 2017After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
