
The Renewable Fuels Association urged the EPA to reallocate all 770 million renewable identification numbers waived beyond levels anticipated in an earlier rule. The group said restoring the volumes would prevent small-refinery exemptions from reducing demand for newly produced renewable fuel in 2026 and 2027.
Reallocating the waived volumes would preserve mandated demand for renewable fuels and could support demand for biofuel feedstocks, including soybean oil.
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.