
The American Soybean Association warned that weaker renewable fuel standard volumes for 2027 could cut domestic soybean oil demand. Several state governors have asked the EPA to exempt refineries from RFS obligations.
Reduced biodiesel demand would weaken soybean oil use and could lower crush margins and soybean prices.
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.
After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% 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.