
On December 18, 2019, 24 soybean and biodiesel trade associations sent a letter to President Trump asking him to direct the EPA to expand 2021 biomass-based diesel volumes and account for exempted gallons. They said small refinery exemptions had dealt a severe blow to the biodiesel industry.
The request is an appeal and has no immediate effect on volumes, but a reversal would support soybean oil demand. Until the EPA acts, the outlook for soybean oil stays uncertain.
Setelah 196 peristiwa kebijakan netral sebelumnya, SBO bergerak median +0,1% selama 5 sesi (52% lebih tinggi; separuh tengah -1,6% sampai +2,0%), dan -0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.