# Ohio Soybean Association Applauds New Biofuels Tax Credit Bill

> Ohio lawmakers introduced House Bill 1036, which would use a production tax credit to encourage biomass-based diesel production in the state. The Ohio Soybean Association supported the bill, saying it could create a market for Ohio soybeans after biodiesel production left the state in 2022.

- Date: 2026-11-10 · published 2026-11-10T03:14:44.973Z
- Category: policy · region United States · magnitude low
- Page: https://feedsoft.ai/events/90785-ohio-soybean-association-applauds-new-biofuels-tax-credit-bill
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

If enacted, the credit could support new biodiesel capacity and increase regional demand for soybeans and soybean oil, offering a modest demand boost to those markets.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-05-11 | [Biodiesel Tax Credit Co-Sponsors Still Needed - American Soybean Association](https://feedsoft.ai/events/70867-biodiesel-tax-credit-co-sponsors-still-needed-american-soybean-association.md) | +1.5% | -2.5% |
| SOY | 2017-04-26 | [ASA Applauds Introduction of Biodiesel Tax Credit Reform, Extension Act - American Soybean Association](https://feedsoft.ai/events/71380-asa-applauds-introduction-of-biodiesel-tax-credit-reform-extension-act-american.md) | +0.4% | -0.7% |
| SOY | 2026-01-21 | [Biofuel: Staying Competitive - American Soybean Association](https://feedsoft.ai/events/15057-biofuel-staying-competitive-american-soybean-association.md) | +1.4% | +7.6% |
| SOY | 2026-04-01 | [Biofuels Policies Provide U.S. Soy Stability \| Illinois Soybean Association](https://feedsoft.ai/events/15035-biofuels-policies-provide-u-s-soy-stability-illinois-soybean-association.md) | -0.8% | +1.0% |
| SOY | 2018-11-30 | [EPA Announces Biodiesel and Advanced Biofuels Volumes - American Soybean Association](https://feedsoft.ai/events/61900-epa-announces-biodiesel-and-advanced-biofuels-volumes-american-soybean.md) | +3.3% | -0.5% |
| SBO | 2017-05-11 | [Biodiesel Tax Credit Co-Sponsors Still Needed - American Soybean Association](https://feedsoft.ai/events/70867-biodiesel-tax-credit-co-sponsors-still-needed-american-soybean-association.md) | +3.4% | -0.7% |
| SBO | 2017-04-26 | [ASA Applauds Introduction of Biodiesel Tax Credit Reform, Extension Act - American Soybean Association](https://feedsoft.ai/events/71380-asa-applauds-introduction-of-biodiesel-tax-credit-reform-extension-act-american.md) | +2.4% | +2.4% |
| SBO | 2026-01-21 | [Biofuel: Staying Competitive - American Soybean Association](https://feedsoft.ai/events/15057-biofuel-staying-competitive-american-soybean-association.md) | +3.9% | +8.2% |

## Sources

- morningagclips.com: https://www.morningagclips.com/ohio-soybean-association-applauds-new-biofuels-tax-credit-bill/

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