03/27/2026 Will RVOs ‘Juice’ Biofuels Demand?

03/27/2026 Click Above to Watch the Morning Market Talk Video Will RVOs ‘Juice’ Biofuels Demand? On the Grains Grain and soy markets traded higher overnight, with all but soymeal working on weekly gains. Traders are monitoring the ongoing war in Iran, with anticipation building ahead of the White House’s “Great American Agriculture Celebration,” at which the Trump administration is expected to formally unveil the Renewable Fuel Standard (RFS) Set 2 final rule. There have not been any leaks ahead of the event, though Politico had one line in their item on the White House event today that final RFS levels would “juice” biofuels demand. Price action in soyoil, in particular, signals traders are expecting supportive biofuels news. Crude oil futures firmed as Iran and Israel exchanged missile fire and Tehran targeted several Gulf states on Friday. On Thursday, President Trump again pushed back his deadline for Iran to agree to reopen the Strait of Hormuz or face attacks on its power infrastructure. The 10-day extension was his second since Saturday’s threat to destroy the critical infrastructure in the absence of Tehran accepting a 15-point list of ceasefire terms. Trump keeps extending his deadline and Iran is showing no signs of backing down….