Key facts
- EPA's 2026-2027 Renewable Volume Obligations (RVOs) are impacting canola futures.
- Canola futures have reached new highs.
- The futures market is experiencing upward support.
The EPA's Renewable Volume Obligations (RVOs) are mandates for the blending of renewable fuels into the nation's transportation fuel supply. Changes to these RVOs can significantly impact demand for feedstocks like canola oil, which is used in biodiesel production. This news highlights how regulatory policy can directly influence commodity prices and futures markets.