# Biodiesel producers feel burned by proposed RFS | 2017-07-11 | Agri-Pulse | Agri-Pulse Communications, Inc.

> Biodiesel producers were downbeat about the EPA's July 5 proposal, which freezes the biomass-based diesel target at 2.1 billion gallons through 2019 and lowers the 2018 advanced biofuel mandate to 4.24 billion gallons. The agency also said it is considering using its statutory authority to reduce future advanced biofuel targets.

- Date: 2017-07-12 · published 2017-07-12T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/69851-biodiesel-producers-feel-burned-by-proposed-rfs-2017-07-11-agri-pulse-agri
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A possible future cut to advanced biofuel targets raises the risk of weaker soybean oil demand, which weighs on soyoil prices and the crush margin behind soymeal.

## Read by commodity

- SBM: neutral
- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-11-30 | [Final RFS figures closely resemble July proposal \| 2017-11-30 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/67844-final-rfs-figures-closely-resemble-july-proposal-2017-11-30-agri-pulse-agri.md) | -2.5% | -4.3% |
| SBO | 2024-09-04 | [Biofuel groups, fuel retailers fight California’s proposed restrictions \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15185-biofuel-groups-fuel-retailers-fight-california-s-proposed-restrictions-agri.md) | -2.4% | -0.4% |
| SBO | 2019-07-05 | [EPA proposes no growth in biofuels except cellulosic \| 2019-07-05 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57957-epa-proposes-no-growth-in-biofuels-except-cellulosic-2019-07-05-agri-pulse-agri.md) | +0.2% | -1.2% |
| SBO | 2020-05-13 | [Biofuel producers aim to meet volume requirements despite COVID-19 impacts \| 2020-05-12  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52997-biofuel-producers-aim-to-meet-volume-requirements-despite-covid-19-impacts-2020.md) | +4.3% | +7.8% |
| SBO | 2018-04-25 | [RFS waivers wiped out billion gallons in biofuel demand, Perdue says \| 2018-04-25 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/65397-rfs-waivers-wiped-out-billion-gallons-in-biofuel-demand-perdue-says-2018-04-25.md) | -3.0% | +1.6% |
| SBM | 2019-01-10 | [Iowa produces record amount of biodiesel](https://feedsoft.ai/events/60967-iowa-produces-record-amount-of-biodiesel.md) | -2.8% | -4.2% |
| SBM | 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) | +0.2% | +0.6% |
| SBM | 2025-08-12 | [Commission Notice – Guidance Document for Regulation (EU) 2023/1115 on Deforestation-Free Products - Publications Office of the EU](https://feedsoft.ai/events/23340-commission-notice-guidance-document-for-regulation-eu-2023-1115-on.md) | +0.8% | +2.4% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/9531-biodiesel-producers-feel-burned-by-proposed-rfs

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