# Study Finds RFS Beneficial Overall to US Ag Economy, But Questions Biodiesel Future

> An Iowa State University study published by the Center for Agricultural and Rural Development finds the RFS has raised farm values overall. It estimates the 2015 mandate level lifted corn prices by 34% and soybean prices by 9% relative to no biofuel policy. The authors also say the policy did little to cut global greenhouse gas emissions.

- Date: 2017-08-18 · published 2017-08-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/69329-study-finds-rfs-beneficial-overall-to-us-ag-economy-but-questions-biodiesel
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The study quantifies how much biofuel mandates prop up corn and soybean prices, which matters for judging the durability of that support. It analyzes past conditions and does not signal a new market move.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-01-14 | [Federal Reserve: Observations on the Ag Economy- January 2022 - Farm Policy News](https://feedsoft.ai/events/11814-federal-reserve-observations-on-the-ag-economy-january-2022-farm-policy-news.md) | -0.1% | +6.0% |
| CORN | 2020-03-11 | [Study: US farms in better shape due to MFP, but many still face red ink \| 2020-03-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54122-study-us-farms-in-better-shape-due-to-mfp-but-many-still-face-red-ink-2020-03.md) | -6.0% | -3.6% |
| CORN | 2021-12-29 | [USDA’s Corn Output Projections Inform Futures Price Movements \| Economic Research Service](https://feedsoft.ai/events/43620-usda-s-corn-output-projections-inform-futures-price-movements-economic-research.md) | +2.9% | +3.8% |
| CORN | 2025-03-12 | [UNL study shows ethanol’s impact on economy - Brownfield Ag News](https://feedsoft.ai/events/25681-unl-study-shows-ethanol-s-impact-on-economy-brownfield-ag-news.md) | +5.0% | +3.5% |
| CORN | 2020-07-31 | [Soybeans firm as US biodiesel data lifts soyoil; corn flat - Markets - Business Recorder](https://feedsoft.ai/events/51967-soybeans-firm-as-us-biodiesel-data-lifts-soyoil-corn-flat-markets-business.md) | -0.7% | +7.0% |
| SOY | 2020-03-11 | [Study: US farms in better shape due to MFP, but many still face red ink \| 2020-03-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54122-study-us-farms-in-better-shape-due-to-mfp-but-many-still-face-red-ink-2020-03.md) | -5.6% | -2.1% |
| SOY | 2019-03-25 | [To Press or Not to Press: That is the Question : USDA ARS](https://feedsoft.ai/events/59979-to-press-or-not-to-press-that-is-the-question-usda-ars.md) | -2.2% | -3.0% |
| SOY | 2023-02-08 | [February USDA WASDE Report Neutral and Close to Expectations but Moved Markets Higher](https://feedsoft.ai/events/37261-february-usda-wasde-report-neutral-and-close-to-expectations-but-moved-markets.md) | +1.5% | +0.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2017/08/18/study-finds-rfs-beneficial-overall

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