# The Plaza Marine Group | News

> Industry sources expected the EPA to issue preliminary 2018 Renewable Volume Obligations within days, with market expectations of 15 billion gallons for conventional RINs and 4.5 billion gallons of advanced biofuel RINs. Estimates pointed to marginally higher targets than 2017, and one analyst said a 4.5 billion gallon advanced biodiesel target would be bullish for biodiesel RINs.

- Date: 2017-06-09 · published 2017-06-09T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/70359-the-plaza-marine-group-news
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A higher biomass-based diesel mandate would increase soybean oil demand for biodiesel and support the D4 RIN market. A figure at or below expectations would weigh on soybean oil and related feedstock prices.

## Read by commodity

- SBO: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2025-04-22 | [US soybean oil market set to soar \| Food Business News](https://feedsoft.ai/events/25205-us-soybean-oil-market-set-to-soar-food-business-news.md) | +2.6% | +0.9% |
| SBO | 2022-10-27 | [Priority No. 1 for canola growers: ‘produce more’ - Grainews](https://feedsoft.ai/events/39096-priority-no-1-for-canola-growers-produce-more-grainews.md) | +1.2% | -1.2% |
| SBO | 2026-05-06 | [How long can soy oil prop up the soybean market?](https://feedsoft.ai/events/19356-how-long-can-soy-oil-prop-up-the-soybean-market.md) | -3.6% | -3.3% |
| SBO | 2023-09-11 | [The Squeeze on California Gasoline Marketers and the RIN Cliff - DTN](https://feedsoft.ai/events/15276-the-squeeze-on-california-gasoline-marketers-and-the-rin-cliff-dtn.md) | -2.1% | -5.7% |
| SBO | 2024-03-25 | [US biofuel feed prices jump on blending plan \| Latest Market News](https://feedsoft.ai/events/31290-us-biofuel-feed-prices-jump-on-blending-plan-latest-market-news.md) | +0.6% | -4.4% |
| CORN | 2022-05-20 | [Tri-National Ag Accord Working Group visits Mexico - Brownfield Ag News](https://feedsoft.ai/events/41369-tri-national-ag-accord-working-group-visits-mexico-brownfield-ag-news.md) | -1.3% | -1.3% |
| CORN | 2025-09-16 | [Grain markets react to Russian export duty news: Grain market daily \| AHDB](https://feedsoft.ai/events/7573-grain-markets-react-to-russian-export-duty-news-grain-market-daily-ahdb.md) | -0.3% | -2.6% |
| CORN | 2018-06-27 | [Groups want hardship waivers to be addressed - Brownfield Ag News](https://feedsoft.ai/events/64406-groups-want-hardship-waivers-to-be-addressed-brownfield-ag-news.md) | -1.3% | -2.7% |

## Sources

- plazamarinegroup.com: https://www.plazamarinegroup.com/2017news/EPA-May-Issue-Preliminary-2018-Biofuel-RVO-Today-or-Early.php

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