# Biodiesel Industry Board Asks for Higher RFS Volumes

> Biodiesel industry officials asked President Trump on November 16, 2017 to raise proposed RFS volumes for advanced and biomass-based diesel ahead of the expected final rule. The EPA had earlier withdrawn a proposed reduction after Midwest lawmaker pressure.

- Date: 2017-11-16 · published 2017-11-16T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/67846-biodiesel-industry-board-asks-for-higher-rfs-volumes
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The lobbying signals uncertainty over biofuel demand for soybean oil and corn, but the final rule was not yet known, so the price effect is limited.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-08-03 | [NBB Has Strong Showing at RFS Public Hearing, Calls for Higher Biodiesel Volumes - Fuels Market News](https://feedsoft.ai/events/69335-nbb-has-strong-showing-at-rfs-public-hearing-calls-for-higher-biodiesel-volumes.md) | -0.1% | +0.5% |
| SBO | 2020-07-29 | [Biofuels Industry Waits for Financial Relief, RFS Volumes Amid Uncertainty](https://feedsoft.ai/events/51965-biofuels-industry-waits-for-financial-relief-rfs-volumes-amid-uncertainty.md) | +7.2% | +8.7% |
| SBO | 2017-02-13 | [US biodiesel interests gear up for court battle over RFS volumes \| Biodiesel Magazine](https://feedsoft.ai/events/72364-us-biodiesel-interests-gear-up-for-court-battle-over-rfs-volumes-biodiesel.md) | -5.0% | -7.9% |
| SBO | 2019-06-14 | [Biodiesel Industry Rallies on Capitol Hill \| Red River Farm Network](https://feedsoft.ai/events/58474-biodiesel-industry-rallies-on-capitol-hill-red-river-farm-network.md) | +2.0% | +0.3% |
| SBO | 2019-09-03 | [Biofuels industry focuses on SREs in 2020 RFS RVO comments \| Biodiesel Magazine](https://feedsoft.ai/events/56939-biofuels-industry-focuses-on-sres-in-2020-rfs-rvo-comments-biodiesel-magazine.md) | -1.3% | +1.2% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2017/11/16/biodiesel-industry-board-asks-higher-2

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