Trump's EPA Decision: Impact on Biofuel Blending and Refiners (2026)

After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.

• Mar 26, 2020'Astonishing': Trump EPA backs down on biofuel waivers in blow to U.S. refiners+3.9%
• Jun 13, 2025US EPA proposes higher biofuel blending volumes through 2027 | Reuters-0.8%
• May 21, 2020U.S. EPA draft would lift US biofuel blending mandates slightly in 2021+0.2%
• Sep 18, 2024Grain Journal | Op-Ed: EPA’s 18-month blunder on biofuel blending…-1.2%
• Jun 20, 2019Trump's Iowa Visit Jolts Biofuel Credits as Waivers May Decline - Bloomberg+1.9%

After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.

• Mar 26, 2020'Astonishing': Trump EPA backs down on biofuel waivers in blow to U.S. refiners-2.2%
• Nov 4, 2025Impact Of Recent EPA Decisions On 2023-2027 RVOs For Biomass-Based Diesel - Michigan Advanced Biofuels Coalition+1.2%
• Jun 3, 2022EPA’s 2022 Biofuel Blending Requirements—and SRE Stance—Appreciated by Soy Growers - American Soybean Association+1.0%
• Jun 13, 2025US EPA proposes higher biofuel blending volumes through 2027 | Reuters+10.1%
• May 21, 2020U.S. EPA draft would lift US biofuel blending mandates slightly in 2021+0.1%