# CBOT soybean oil rises 7.2% as EPA reallocation shifts biofuel outlook | S&P Global

> CBOT December soybean oil futures rose 7.22% over three sessions through Sept. 1 after EPA granted 29 small-refinery exemptions totaling 1.76 billion RINs. EPA also said it intends to propose reallocating 100% of the difference between projected and actual 2025 exempted volumes into 2026 and 2027 obligations.

- Date: 2026-09-02 · published 2026-09-02T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/14992-cbot-soybean-oil-rises-7-2-as-epa-reallocation-shifts-biofuel-outlook-s-and-p
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Reallocation preserves future biofuel demand for soybean oil, supporting feedstock prices and soybean crush margins, which lifts meal supply and offers a partial offset in meal values.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- DIESEL: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2026-08-31 | 5 | +9.2% | 3.4 | EPA granted small refinery exemptions but plans to reallocate 100% of exempted volumes into 2026-27 RVOs, lifting biofuel feedstock demand outlook and driving December soyoil up about 7% over three sessions. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-02-10 | [South American biodiesel blending policies shift soybean oil trade \| S&P Global](https://feedsoft.ai/events/20707-south-american-biodiesel-blending-policies-shift-soybean-oil-trade-s-and-p.md) | +2.1% | +9.8% |
| SBO | 2016-11-23 | [Soybeans, soybean oil bound higher after EPA raises biofuel targets: Podcast](https://feedsoft.ai/events/6690-soybeans-soybean-oil-bound-higher-after-epa-raises-biofuel-targets-podcast.md) | +6.7% | +4.5% |
| SBO | 2020-03-03 | [US domestic soybean oil demand could rise this year: sources \| S&P Global](https://feedsoft.ai/events/53997-us-domestic-soybean-oil-demand-could-rise-this-year-sources-s-and-p-global.md) | -4.4% | -6.0% |
| SBO | 2016-11-24 | [Soybean oil futures rose by 7% due to high biofuel](https://feedsoft.ai/events/6691-soybean-oil-futures-rose-by-7-due-to-high-biofuel.md) | +2.1% | -5.6% |
| SBO | 2022-03-25 | [Soybean oil demand will expand as renewable diesel emerges as ideal biofuel - Indiana Corn and Soy](https://feedsoft.ai/events/15407-soybean-oil-demand-will-expand-as-renewable-diesel-emerges-as-ideal-biofuel.md) | -2.1% | +274.5% |
| SOY | 2016-11-23 | [Soybeans, soybean oil bound higher after EPA raises biofuel targets: Podcast](https://feedsoft.ai/events/6690-soybeans-soybean-oil-bound-higher-after-epa-raises-biofuel-targets-podcast.md) | +0.2% | -2.3% |
| SOY | 2016-11-24 | [Soybean oil futures rose by 7% due to high biofuel](https://feedsoft.ai/events/6691-soybean-oil-futures-rose-by-7-due-to-high-biofuel.md) | -0.4% | -3.8% |
| SOY | 2026-10-27 | [Growing US biofuel production intensifies competition for soybean oil](https://feedsoft.ai/events/17179-growing-us-biofuel-production-intensifies-competition-for-soybean-oil.md) | +0.5% | — |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/090226-cbot-soybean-oil-rises-72-as-epa-reallocation-shifts-biofuel-outlook

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