The Iowa Renewable Fuels Association welcomed EPA's proposal to fully reallocate additional small refinery exemptions granted for 2025, so exempted volumes do not reduce overall blending obligations. The group urged that the volumes be split between 2026 and 2027 and called for review of the exemption system.
Full reallocation keeps biofuel blending obligations intact, protecting soybean oil and corn ethanol demand and supporting feedstock prices.
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.
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.