# Policy a mixed bag for biodiesel industry in 2017 - Agweek | #1 source for agriculture news, farming, markets

> The EPA set Renewable Fuel Standard biodiesel mandates at 2 billion gallons for 2017 and 2.1 billion for 2018, a 100 million gallon increase. The industry had asked for higher volumes, and production was projected at 2.6 billion gallons.

- Date: 2017-01-03 · published 2017-01-03T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/72879-policy-a-mixed-bag-for-biodiesel-industry-in-2017-agweek-1-source-for
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A higher biomass-based diesel mandate supports demand for soybean oil and other feedstocks, which is bullish for soybean oil prices.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-07-16 | [EPA released proposed biofuels volumes in RFS with mixed industry reaction - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/63925-epa-released-proposed-biofuels-volumes-in-rfs-with-mixed-industry-reaction.md) | +1.5% | +0.7% |
| SBO | 2026-09-16 | [Farm Bill 2.0 passes the Senate Agriculture Committee - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/17470-farm-bill-2-0-passes-the-senate-agriculture-committee-agweek-1-source-for.md) | -3.5% | -1.5% |
| SBO | 2017-10-22 | [EPA decision on mandates supports oils - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/68334-epa-decision-on-mandates-supports-oils-agweek-1-source-for-agriculture-news.md) | +2.0% | +0.8% |
| SBO | 2018-10-21 | [North Dakota needs higher RFS volumes - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/62414-north-dakota-needs-higher-rfs-volumes-agweek-1-source-for-agriculture-news.md) | -3.4% | -6.1% |
| SBO | 2016-11-27 | [EPA Renewable Fuel Standard rallies soybean oil prices - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/73744-epa-renewable-fuel-standard-rallies-soybean-oil-prices-agweek-1-source-for.md) | +2.3% | -5.6% |

## Sources

- agweek.com: https://www.agweek.com/news/policy-a-mixed-bag-for-biodiesel-industry-in-2017

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