Soybean Oil Futures Energized by EPA Proposal | Presented by CME Group
Bloomberg Televisionยท2025-06-18 18:43
Regulatory Updates - EPA proposed increasing biomass-based diesel blending requirements from 3350000000 gallons (3.35 billion gallons) in 2025 to 5610000000 gallons (5.61 billion gallons) in 2026 and 2027 [1] - The proposal favors US-produced soybean oil and ethanol, reducing tax credit values for foreign products by 50% [1] Market Impact - Soybean oil futures on CME Group's CBOT exchange rose 15.8% over two consecutive days after the EPA announcement [2]