# EPA signals cut to U.S. biodiesel blending; soyoil prices drop - Governors' Biofuels Coalition

> The EPA said on Tuesday it was seeking comment on a draft proposal to reduce 2018 biodiesel blending requirements, and that it could issue waivers under the Renewable Fuel Standard. Soyoil fell to a five-week low of 33.23 cents per pound on worries about lower biodiesel demand.

- Date: 2017-09-27 · published 2017-09-27T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/69027-epa-signals-cut-to-u-s-biodiesel-blending-soyoil-prices-drop-governors-biofuels
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower mandated biodiesel blending cuts domestic demand for soybean oil, pressuring soyoil and soybean crush economics, which weighs on soybean meal values as well.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-06-21 | [EPA Biodiesel Blending Mandate Causes Soybean Oil Futures Price Drop](https://feedsoft.ai/events/15303-epa-biodiesel-blending-mandate-causes-soybean-oil-futures-price-drop.md) | -0.5% | +5.8% |
| SBO | 2017-09-28 | [EPA considers reductions to 2018, 2019 RVOs - Governors' Biofuels Coalition](https://feedsoft.ai/events/68824-epa-considers-reductions-to-2018-2019-rvos-governors-biofuels-coalition.md) | -0.1% | +3.8% |
| SBO | 2024-10-28 | [Biofuel Producers Shutting Down Without 45Z Guidance - Governors' Biofuels Coalition](https://feedsoft.ai/events/15174-biofuel-producers-shutting-down-without-45z-guidance-governors-biofuels.md) | +3.9% | +2.1% |
| SBO | 2017-10-08 | [Soy oil prices declining thanks to drops in U.S. government biodiesel mandates  : The Daily Digest](https://feedsoft.ai/events/68541-soy-oil-prices-declining-thanks-to-drops-in-u-s-government-biodiesel-mandates.md) | +2.4% | +5.2% |
| SBO | 2017-10-02 | [Tax credit expiration prompts rethinking of RFS mandates - Governors' Biofuels Coalition](https://feedsoft.ai/events/68342-tax-credit-expiration-prompts-rethinking-of-rfs-mandates-governors-biofuels.md) | +0.4% | +7.0% |
| SOY | 2017-09-28 | [EPA considers reductions to 2018, 2019 RVOs - Governors' Biofuels Coalition](https://feedsoft.ai/events/68824-epa-considers-reductions-to-2018-2019-rvos-governors-biofuels-coalition.md) | -0.8% | +1.0% |
| SOY | 2024-10-28 | [Biofuel Producers Shutting Down Without 45Z Guidance - Governors' Biofuels Coalition](https://feedsoft.ai/events/15174-biofuel-producers-shutting-down-without-45z-guidance-governors-biofuels.md) | -0.5% | -0.4% |
| SOY | 2017-10-08 | [Soy oil prices declining thanks to drops in U.S. government biodiesel mandates  : The Daily Digest](https://feedsoft.ai/events/68541-soy-oil-prices-declining-thanks-to-drops-in-u-s-government-biodiesel-mandates.md) | +2.9% | +0.5% |

## Sources

- governorsbiofuelscoalition.org: https://www.governorsbiofuelscoalition.org/epa-signals-cut-to-u-s-biodiesel-blending-soyoil-prices-drop/

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