# EPA sends RFS volume obligations proposal to OMB - Iowa Agribusiness Radio Network

> The EPA has sent its proposed Renewable Fuel Standard volume obligations for 2018 and the 2019 biomass-based diesel volume to the White House Office of Management and Budget. The OMB review is expected to take up to 90 days, with a final rule due November 30.

- Date: 2017-05-15 · published 2017-05-15T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/70872-epa-sends-rfs-volume-obligations-proposal-to-omb-iowa-agribusiness-radio-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Sending the proposal to OMB moves the biofuel mandate closer to publication, which affects corn ethanol and soybean oil demand. The proposal's numbers are not yet public, so the price impact is limited for now.

## Read by commodity

- SBO: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-07-18 | [Public hearing on RFS volume proposals set \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/69854-public-hearing-on-rfs-volume-proposals-set-iowa-agribusiness-radio-network.md) | +0.4% | -2.4% |
| CORN | 2022-04-07 | [USDA Secretary Vilsack makes trip to Mexico. Also talks CRP \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/41807-usda-secretary-vilsack-makes-trip-to-mexico-also-talks-crp-iowa-agribusiness.md) | -1.1% | -5.5% |
| CORN | 2018-06-26 | [Renewable Volume Obligation proposal met with scrutiny - Brownfield Ag News](https://feedsoft.ai/events/64404-renewable-volume-obligation-proposal-met-with-scrutiny-brownfield-ag-news.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% |
| CORN | 2018-06-26 | [Reaction to EPA's proposed new RFS quotas](https://feedsoft.ai/events/64403-reaction-to-epa-s-proposed-new-rfs-quotas.md) | -2.3% | -3.5% |
| SBO | 2017-07-18 | [Public hearing on RFS volume proposals set \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/69854-public-hearing-on-rfs-volume-proposals-set-iowa-agribusiness-radio-network.md) | +1.8% | -0.1% |
| SBO | 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) | +0.2% | -1.2% |
| SBO | 2020-05-15 | [EPA delivers proposed rule to set 2021 RFS RVOs to OMB  \| Biodiesel Magazine](https://feedsoft.ai/events/52995-epa-delivers-proposed-rule-to-set-2021-rfs-rvos-to-omb-biodiesel-magazine.md) | +4.6% | +6.1% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/epa-sends-rfs-volume-obligations-proposal-to-omb/

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