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Groups including the American Coalition for Ethanol, Growth Energy and the National Corn Growers Association filed briefs challenging EPA's implementation of the Renewable Fuel Standard. Oral arguments in the D.C.
Circuit court case are set for April 24, and Monroe Energy challenged the agency's volume methods.
The litigation could reshape RFS volume obligations, creating uncertainty for biofuel feedstock demand. Until a ruling, the outcome remains a risk factor for soyoil and corn sentiment.
dtnpf.comTodd NeeleyFeb 6, 2017After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% over 20.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
