# The Renewable Fuel Numbers: 8 takeaways from EPA’s 2017 draft, from the industry in their own voices  : The Daily Digest

> Industry groups reacted to the EPA's 2018 draft Renewable Volume Obligations, which keep conventional biofuel at 15 billion gallons and hold biomass-based diesel and corn ethanol pools steady. Advanced biofuels fell by 40,000 gallons and cellulosic volumes fell about 30%, with comments from 11 industry leaders.

- Date: 2017-07-06 · published 2017-07-06T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/69855-the-renewable-fuel-numbers-8-takeaways-from-epa-s-2017-draft-from-the-industry
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Flat conventional and biomass-based diesel volumes mean little incremental demand for corn or soybean oil, while the cuts to advanced and cellulosic targets are mildly bearish for soyoil.

## Read by commodity

- SBO: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-05-21 | [Waiver Wire: Why is the biofuels industry up in arms about oil refinery waivers?  : The Daily Digest](https://feedsoft.ai/events/64918-waiver-wire-why-is-the-biofuels-industry-up-in-arms-about-oil-refinery-waivers.md) | +1.2% | -4.6% |
| SBO | 2017-12-08 | [Palm oil beat down vegetable oil prices  : The Daily Digest](https://feedsoft.ai/events/12715-palm-oil-beat-down-vegetable-oil-prices-the-daily-digest.md) | -0.7% | +0.5% |
| SBO | 2023-11-27 | [Soybean oil prices fall 4% amid possible reduction in demand from the biodiesel industry](https://feedsoft.ai/events/33251-soybean-oil-prices-fall-4-amid-possible-reduction-in-demand-from-the-biodiesel.md) | -0.2% | -4.1% |
| SBO | 2023-06-22 | [EPA releases final rule for short-term renewable fuel obligations, falling short of biofuel industry's expectations - RealAgriculture](https://feedsoft.ai/events/15302-epa-releases-final-rule-for-short-term-renewable-fuel-obligations-falling-short.md) | +1.7% | +10.0% |
| SBO | 2023-06-29 | [EPA’s renewable fuel rule called ‘missed opportunity’ \| The Western Producer](https://feedsoft.ai/events/35586-epa-s-renewable-fuel-rule-called-missed-opportunity-the-western-producer.md) | +8.3% | +13.9% |
| CORN | 2017-03-28 | [CARB approves 12 new biodiesel and renewable diesel pathways  : The Daily Digest](https://feedsoft.ai/events/71863-carb-approves-12-new-biodiesel-and-renewable-diesel-pathways-the-daily-digest.md) | +1.9% | +1.8% |
| CORN | 2018-03-15 | [News, Notices and Announcements for the Renewable Fuel Standard \| US EPA](https://feedsoft.ai/events/65893-news-notices-and-announcements-for-the-renewable-fuel-standard-us-epa.md) | -1.7% | +2.8% |
| CORN | 2017-12-14 | [A Look at the 2018 Renewable Fuel Standards - NATSO](https://feedsoft.ai/events/67353-a-look-at-the-2018-renewable-fuel-standards-natso.md) | +2.3% | +2.4% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/the-renewable-fuel-numbers-8-takeaways-from-epa2-2017-draft-from-the-industry-in-their-own-voices/

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