# RFS Volumes Again Fail to Capture Biodiesel’s Potential - American Soybean Association

> The American Soybean Association criticized the EPA's final biodiesel and advanced biofuels volumes released November 30, 2017. The rule sets biomass-based diesel at 2.1 billion gallons for 2019, the same level as 2018, and advanced biofuels at 4.29 billion gallons for 2018. ASA said it had pushed for 2.5 billion gallons of biomass-based diesel.

- Date: 2017-11-30 · published 2017-11-30T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/67841-rfs-volumes-again-fail-to-capture-biodiesel-s-potential-american-soybean
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Flat biodiesel volumes limit demand growth for soybean oil, a key feedstock, which weighs on soy oil prices and crush margins. Soybean meal supply from crushing is unaffected in the near term.

## Read by commodity

- SBO: bearish ▼
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-09-28 | [EPA Solicits Comments on Potential Cuts to Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68821-epa-solicits-comments-on-potential-cuts-to-biodiesel-rfs-volumes-american.md) | -0.1% | +3.8% |
| SBO | 2019-08-05 | [Soy Growers to EPA: Raise 2020 RFS and 2021 Biodiesel Volumes - American Soybean Association](https://feedsoft.ai/events/57449-soy-growers-to-epa-raise-2020-rfs-and-2021-biodiesel-volumes-american-soybean.md) | +4.7% | +1.6% |
| SBO | 2017-07-05 | [ASA: RFS Volumes a Missed Opportunity for Biodiesel - American Soybean Association](https://feedsoft.ai/events/69850-asa-rfs-volumes-a-missed-opportunity-for-biodiesel-american-soybean-association.md) | +1.8% | +2.2% |
| SBO | 2017-11-16 | [Issue Update: Biodiesel Tax Credit, RFS and Trade Case - American Soybean Association](https://feedsoft.ai/events/67845-issue-update-biodiesel-tax-credit-rfs-and-trade-case-american-soybean.md) | -2.0% | -5.0% |
| SBO | 2018-03-08 | [White House Holds Meetings to Discuss RFS, Biodiesel - American Soybean Association](https://feedsoft.ai/events/65894-white-house-holds-meetings-to-discuss-rfs-biodiesel-american-soybean-association.md) | -0.5% | -0.5% |
| SOY | 2017-07-05 | [ASA: RFS Volumes a Missed Opportunity for Biodiesel - American Soybean Association](https://feedsoft.ai/events/69850-asa-rfs-volumes-a-missed-opportunity-for-biodiesel-american-soybean-association.md) | +6.3% | -0.5% |
| SOY | 2017-12-19 | [10 Years of Biodiesel in the RFS - American Soybean Association](https://feedsoft.ai/events/67351-10-years-of-biodiesel-in-the-rfs-american-soybean-association.md) | -0.2% | +1.2% |
| SOY | 2023-02-17 | [American Soybean Association tells EPA to affirm its commitment to a strong RFS](https://feedsoft.ai/events/15329-american-soybean-association-tells-epa-to-affirm-its-commitment-to-a-strong-rfs.md) | +0.2% | -3.3% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/rfs-volumes-fail-capture-biodiesels-potential/

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