# Biodiesel Leaders Meet in Washington and Discuss RFS, Tax Credit - American Soybean Association

> California's Air Resources Board approved 12 new biodiesel and renewable diesel pathways under the Low Carbon Fuel Standard. The approvals cover producers in Texas, Arkansas, Iowa and Louisiana using feedstocks including tallow, soy oil, used cooking oil and distillers corn oil.

- Date: 2017-03-09 · published 2017-03-09T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/71862-biodiesel-leaders-meet-in-washington-and-discuss-rfs-tax-credit-american
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

More approved pathways let producers earn LCFS credits, supporting renewable diesel output and demand for fats and oils. The effect on prices is incremental.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-05-11 | [Biodiesel Tax Credit Co-Sponsors Still Needed - American Soybean Association](https://feedsoft.ai/events/70867-biodiesel-tax-credit-co-sponsors-still-needed-american-soybean-association.md) | +3.4% | -0.7% |
| SBO | 2017-04-26 | [ASA Applauds Introduction of Biodiesel Tax Credit Reform, Extension Act - American Soybean Association](https://feedsoft.ai/events/71380-asa-applauds-introduction-of-biodiesel-tax-credit-reform-extension-act-american.md) | +2.4% | +2.4% |
| SBO | 2017-09-01 | [ASA Asks EPA to Increase Biodiesel RFS Volumes - American Soybean Association](https://feedsoft.ai/events/68822-asa-asks-epa-to-increase-biodiesel-rfs-volumes-american-soybean-association.md) | -0.3% | -6.2% |
| SBO | 2018-02-22 | [Success in Antidumping Case for Biodiesel - American Soybean Association](https://feedsoft.ai/events/66593-success-in-antidumping-case-for-biodiesel-american-soybean-association.md) | -0.3% | +0.9% |
| SBO | 2021-05-11 | [Biodiesel: Better, Cleaner, Now! - American Soybean Association](https://feedsoft.ai/events/46965-biodiesel-better-cleaner-now-american-soybean-association.md) | +3.4% | +3.7% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/biodiesel-leaders-meet-in-washington-and-discuss-rfs-tax-credit/

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