# ASA: RFS Volumes a Missed Opportunity for Biodiesel - American Soybean Association

> The American Soybean Association said the EPA's proposed biomass-based diesel volume of 2.1 billion gallons for 2019 and advanced biofuel volume of 4.24 billion gallons for 2018 are disappointing. The group had urged 2.75 billion gallons for biomass-based diesel and noted about 2.9 billion gallons of biodiesel and renewable diesel were used in 2016.

- Date: 2017-07-05 · published 2017-07-05T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/69850-asa-rfs-volumes-a-missed-opportunity-for-biodiesel-american-soybean-association
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Industry pushback signals that soybean oil demand from biodiesel may stay constrained, keeping pressure on soyoil values and the soybean crush.

## Read by commodity

- SBO: bearish ▼
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-07-08 | [EPA’s Proposed Biofuels Volumes a Big Miss for Soybean Farmers - American Soybean Association](https://feedsoft.ai/events/57956-epa-s-proposed-biofuels-volumes-a-big-miss-for-soybean-farmers-american-soybean.md) | +2.4% | +2.7% |
| 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 | 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 | 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% |
| 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% |
| SOY | 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) | +1.0% | -4.7% |
| SOY | 2017-12-19 | [10 Years of Biodiesel in the RFS - American Soybean Association](https://feedsoft.ai/events/67351-10-years-of-biodiesel-in-the-rfs-american-soybean-association.md) | -0.2% | +1.2% |
| SOY | 2026-10-14 | [Has Biofuel Demand Replaced Export Demand in U.S. Soybean Markets? - American Soybean Association](https://feedsoft.ai/events/506-has-biofuel-demand-replaced-export-demand-in-u-s-soybean-markets-american.md) | -2.3% | — |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/asa-rfs-volumes-missed-opportunity-biodiesel/

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