
EPA published the final Renewable Fuel Standard volumes for 2019 on November 30, 2018, raising requirements for cellulosic biofuel, advanced biofuel and total renewable fuel. The volumes remain well below the statutory levels Congress set in the 2007 EISA law, which expected 8.5 billion gallons of cellulosic ethanol.
Biofuel blending mandates set demand for corn-based ethanol, soybean oil and other feedstocks, so the final volumes shape feedstock demand and oilseed and corn prices. Waiver provisions that allow EPA to reduce volumes add downside risk to that demand.
在过去 318 次看涨的政策事件之后,玉米 在 5 个交易日内中位数变动 -0.1%(48% 上涨;中间一半区间为 -1.4% 至 +1.5%),20 个交易日内为 -0.2%。
在过去 842 次看涨的政策事件之后,豆油 在 5 个交易日内中位数变动 +0.2%(52% 上涨;中间一半区间为 -1.6% 至 +2.1%),20 个交易日内为 -0.5%。
历史可比事件尚不足,暂无法给出历史解读。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。