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EPA held a virtual hearing on a proposal to reallocate 770 million renewable fuel credits (RINs) that were exempted through small refinery exemptions. Renewable fuel groups testified in support of full reallocation, while Clean Fuels Alliance America proposed splitting the volumes equally between 2026 and 2027.
Carried-forward credits would reduce near-term demand for newly produced biofuels, which weakens demand for soybean oil and other feedstocks. The final decision on how much is reallocated will determine how much the biofuel mandate tightens.
wearehome.orgNov 4, 2026After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% 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.
