# Supply risks, biofuel buzz redraw 2027 grain, oilseed complex outlook | S&P Global

> Soybean futures reached their highest level in nearly three years on Sept. 1, with November settling above $13 per bushel. The rally followed EPA's small refinery exemption decision and the planned reallocation of exempted volumes into 2026-2027 obligations.

- Date: 2026-09-02 · published 2026-09-02T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/14994-supply-risks-biofuel-buzz-redraw-2027-grain-oilseed-complex-outlook-s-and-p
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Expected biofuel demand growth alongside tight grain stocks and high fertilizer costs points to firmer corn and soybean prices into 2027, with soybean oil leading the complex.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- UREA: bullish ▲
- WHEAT: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/090226-supply-risks-biofuel-buzz-redraw-2027-grain-oilseed-complex-outlook

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