# Biofuel demand rises on mandates and 45Z tax credits | CoBank | Cooperative. Connected. Committed.

> CoBank reports that biofuel demand for soybean oil is rising under biomass-based diesel mandates and 45Z tax credits. Imports remain needed to meet the proposed biomass-based diesel RVO, and used cooking oil imports have increased. Ethanol exports must also grow to absorb new production.

- Date: 2026-10-07 · published 2026-10-07T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/14984-biofuel-demand-rises-on-mandates-and-45z-tax-credits-cobank-cooperative
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher biofuel feedstock demand supports soybean oil prices and pulls imports into the US. Meeting the RVO depends on policy outcomes that could shift that demand.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-09-27 | [Renewable diesel projected to turbo charge biofuel growth \| CoBank \| Cooperative. Connected. Committed.](https://feedsoft.ai/events/15368-renewable-diesel-projected-to-turbo-charge-biofuel-growth-cobank-cooperative.md) | +1.2% | +8.7% |
| SBO | 2026-07-08 | [Crunch time is now for meeting RVO \| CoBank \| Cooperative. Connected. Committed.](https://feedsoft.ai/events/15006-crunch-time-is-now-for-meeting-rvo-cobank-cooperative-connected-committed.md) | +7.3% | +1.8% |
| SBO | 2026-07-26 | [Biofuel Mandates Test Capacity and Soybean Oil Demand - RFD](https://feedsoft.ai/events/15007-biofuel-mandates-test-capacity-and-soybean-oil-demand-rfd.md) | -7.3% | -3.1% |
| SBO | 2026-06-01 | [Renewable fuel credit prices hit records on U.S. biofuel mandates, oil market volatility](https://feedsoft.ai/events/18888-renewable-fuel-credit-prices-hit-records-on-u-s-biofuel-mandates-oil-market.md) | -2.0% | -6.1% |
| SBO | 2019-11-02 | [Rally in palm oil is ‘red hot’ on biofuel demand - Taipei Times](https://feedsoft.ai/events/4289-rally-in-palm-oil-is-red-hot-on-biofuel-demand-taipei-times.md) | +1.5% | -3.4% |

## Sources

- cobank.com: https://www.cobank.com/knowledge-exchange/biofuel-demand-rises-on-mandates-and-45z-tax-credits

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.