# Lawmakers press Trump to deny calls to overhaul biofuels program

> Lawmakers are pressing the Trump administration to reject proposed overhauls of the Renewable Fuel Standard. The article restates the program's purpose of boosting biofuel use in gasoline and diesel.

- Date: 2017-03-16 · published 2017-03-16T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/71860-lawmakers-press-trump-to-deny-calls-to-overhaul-biofuels-program
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Any change to RFS obligations, such as shifting the point of obligation, would alter biofuel blending demand for corn ethanol and soybean oil. Uncertainty over the outcome weighs on the outlook for those feedstocks.

## Read by commodity

- SBO: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-11-20 | [EPA plans biofuel 'reset' as program misses Congress' targets](https://feedsoft.ai/events/61906-epa-plans-biofuel-reset-as-program-misses-congress-targets.md) | -1.1% | +7.6% |
| CORN | 2018-11-30 | [RFS levels fail to offer forward advance on biofuels demand](https://feedsoft.ai/events/61902-rfs-levels-fail-to-offer-forward-advance-on-biofuels-demand.md) | +8.0% | +8.5% |
| CORN | 2021-12-01 | [US Lawmakers Urge Biden to Enforce USMCA Compliance on Biotech- Crop Biotech Update (December 1, 2021) \| Crop Biotech Update - ISAAA.org](https://feedsoft.ai/events/43571-us-lawmakers-urge-biden-to-enforce-usmca-compliance-on-biotech-crop-biotech.md) | +8.0% | +4.8% |
| CORN | 2020-03-24 | [No word yet from Trump administration on refinery biofuel waivers - Grassley](https://feedsoft.ai/events/54005-no-word-yet-from-trump-administration-on-refinery-biofuel-waivers-grassley.md) | +6.1% | -4.7% |
| CORN | 2019-12-18 | [Ag, biofuel groups appeal to President for 'direct intervention' on RFS](https://feedsoft.ai/events/55456-ag-biofuel-groups-appeal-to-president-for-direct-intervention-on-rfs.md) | -0.1% | -1.9% |
| SBO | 2018-11-20 | [EPA plans biofuel 'reset' as program misses Congress' targets](https://feedsoft.ai/events/61906-epa-plans-biofuel-reset-as-program-misses-congress-targets.md) | -0.6% | +4.2% |
| SBO | 2025-03-27 | [Trump administration tells oil and biofuels groups to hash out new biofuel policy \| Reuters](https://feedsoft.ai/events/15136-trump-administration-tells-oil-and-biofuels-groups-to-hash-out-new-biofuel.md) | +8.5% | +13.2% |
| SBO | 2019-12-19 | [US biodiesel and soybean industry call on President Trump to improve 2020 RFS \| Bioenergy International](https://feedsoft.ai/events/55450-us-biodiesel-and-soybean-industry-call-on-president-trump-to-improve-2020-rfs.md) | +2.8% | -0.2% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-biofuels-idUSKBN16N2K7/

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