# Issue Update: Biodiesel Tax Credit, RFS and Trade Case - American Soybean Association

> The American Soybean Association reported on November 16, 2017 that Senate tax reform leaders would not include the biodiesel tax credit. Antidumping and countervailing duties on biodiesel imports from Argentina and Indonesia were affirmed at preliminary levels, with final determinations expected in December and January.

- Date: 2017-11-16 · published 2017-11-16T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/67845-issue-update-biodiesel-tax-credit-rfs-and-trade-case-american-soybean
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Failure to restore the biodiesel tax credit and duties on imports shape domestic biodiesel margins and soybean oil demand, which is bearish for soyoil.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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% |
| SBO | 2017-11-30 | [RFS Volumes Again Fail to Capture Biodiesel’s Potential - American Soybean Association](https://feedsoft.ai/events/67841-rfs-volumes-again-fail-to-capture-biodiesel-s-potential-american-soybean.md) | -2.5% | -4.3% |
| 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 | 2017-09-28 | [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% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/issue-update-biodiesel-tax-credit-rfs-trade-case/

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