John Deere launched a six-month trial using five heavy-duty Freightliner trucks capable of running on 100% biodiesel to haul parts and products on Midwest routes, in partnership with Optimus Technologies and Penske Truck Leasing. Chevron will supply the B100 from its Seneca, Illinois plant, made from soybean oil and distillers corn oil, with the programme expected to use over 85,000 gallons annually.
Dedicated biodiesel freight demand adds a modest, incremental outlet for soybean oil and distillers corn oil, which supports feedstock prices at the margin. The volume is small relative to the national biofuel market, so the price effect is limited.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.