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The governors of Louisiana and Alabama asked EPA Administrator Lee Zeldin for a partial waiver of 2027 Renewable Fuel Standard obligations. They argue that required D4 biomass-based diesel RIN generation of 963 million gallons per month exceeds what U.S. plants can produce.
Biofuel and farm groups are pressing EPA to reject the petition.
A waiver would cut required biomass-based diesel demand, which lowers feedstock demand for soybean oil. Rejection would keep mandated demand intact and support soybean oil prices.
agribusinesswire.comNathan BrooksNov 12, 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.
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.
