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Five governors asked the EPA on 9 November to waive 2027 Renewable Fuel Standard obligations, and the American Soybean Association warned that a waiver would badly hurt soybean markets. The Renewable Fuels Association rejected the request, arguing that fuel price increases stem from global petroleum disruptions.
A waiver would cut the required biofuel blending volume, reducing demand for soybean oil and corn ethanol and putting downward pressure on prices.
agronewstoday.comFarms.comNov 13, 2026| AFFECTS | 1d | 5d | 20d |
|---|---|---|---|
| Soybean Oil▼bearish | +0.1% | — | — |
| Ethanol▼bearish | — | — | — |
| Corn▼bearish | +0.4% | — | — |
After 352 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.
