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Louisiana and Alabama governors requested exemptions from 2027 Renewable Fuel Standard requirements, arguing that biofuel mandates raise gasoline and diesel prices. The Renewable Fuels Association urged EPA to reject the petitions, saying wholesale ethanol costs about $1 per gallon less than wholesale gasoline, and noted nearly two dozen governor petitions plus 14 from refiners.
Waivers would reduce ethanol and biodiesel blending demand, weakening corn and soybean oil demand. The ethanol cost argument suggests the economics support continued blending.
agrolatam.comMarco Díaz CollinsNov 11, 2026After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 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.
Not enough comparable past events yet for a historical read.
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.
