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Chevron will restart its idled biodiesel plant in Ralston, Iowa, which has capacity of nearly 42 million gallons a year. The restart is backed by a feedstock supply agreement with Landus Cooperative, which processes more than 28 million bushels of soybeans a year.
The reopening will happen in stages, beginning with hiring and maintenance.
Restarting the plant adds soybean oil demand from a major biodiesel buyer, which supports soybean oil prices and crush margins for soybean meal. The effect is limited by the staged restart and the fact that the plant had been idled since 2024 on weak margins.
argenfields.comNewsroom ArgenFieldsNov 14, 2026After 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.
