# EPA Proposes RFS Volumes Reflective of Market Realities for 2018 | U.S. EPA News Releases | US EPA

> On July 5, 2017, the EPA proposed 2018 Renewable Fuel Standard volumes that keep renewable fuel levels comparable to 2017 standards, citing limits on cellulosic and advanced biofuel growth. The agency said it is on track to finalize the Renewable Volume Obligations by the November 30 statutory deadline.

- Date: 2017-07-05 · published 2017-07-05T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/69848-epa-proposes-rfs-volumes-reflective-of-market-realities-for-2018-u-s-epa-news
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Flat biofuel mandates leave biodiesel demand for soybean oil without the growth the industry sought, which is mildly bearish for soyoil and the crush margin that supports soymeal supply.

## Read by commodity

- SBO: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-08-01 | [NBB Asks EPA to Raise 2020 RFS and 2021 Biodiesel Volumes - Fuels Market News](https://feedsoft.ai/events/57450-nbb-asks-epa-to-raise-2020-rfs-and-2021-biodiesel-volumes-fuels-market-news.md) | +0.8% | +1.3% |
| SBO | 2017-07-06 | [EPA Lowers Proposed Volume Standards for RFS \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/69849-epa-lowers-proposed-volume-standards-for-rfs-farm-bureau-intel-markets-american.md) | +0.8% | +3.0% |
| SBO | 2024-03-25 | [EPA RFS waivers may wither US soybean demand \| Latest Market News](https://feedsoft.ai/events/15230-epa-rfs-waivers-may-wither-us-soybean-demand-latest-market-news.md) | +0.6% | -4.4% |
| SBO | 2023-01-31 | [EPA Proposes Renewable Fuel Standards for 2023, 2024 and 2025 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/15340-epa-proposes-renewable-fuel-standards-for-2023-2024-and-2025-farm-bureau-intel.md) | -3.9% | -2.6% |
| SBO | 2019-08-28 | [ASA Submits Comments on RFS Proposed Volumes for 2020/2021 - American Soybean Association](https://feedsoft.ai/events/57446-asa-submits-comments-on-rfs-proposed-volumes-for-2020-2021-american-soybean.md) | +2.8% | +3.7% |
| CORN | 2018-11-30 | [EPA Finalizes RFS Volumes for 2019 and Biomass Based Diesel Volumes for 2020 \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/61899-epa-finalizes-rfs-volumes-for-2019-and-biomass-based-diesel-volumes-for-2020-u.md) | +8.0% | +8.5% |
| CORN | 2018-06-26 | [EPA Proposes Biofuel Requirements for 2019; On Track to Meet Congressional Deadline \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/64401-epa-proposes-biofuel-requirements-for-2019-on-track-to-meet-congressional.md) | -2.3% | -3.5% |
| CORN | 2019-07-05 | [EPA Proposes Renewable Volume Obligations for 2020 On Track to Meet Statutory Deadline \| US EPA](https://feedsoft.ai/events/57955-epa-proposes-renewable-volume-obligations-for-2020-on-track-to-meet-statutory.md) | +1.9% | -4.0% |

## Sources

- epa.gov: https://www.epa.gov/archive/epa/newsreleases/epa-proposes-rfs-volumes-reflective-market-realities-2018.html

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