Loading…
US soybean oil use by biofuel producers hit an all-time high of 1.434 billion lbs in May, up 17% from April and 40% from May 2025. Cumulative biofuel soybean oil use for January to May 2026 reached 5.98 billion lbs, up 53% year over year.
Record and rising biofuel feedstock consumption tightens domestic soybean oil supply, supporting soybean oil prices.
nobullag.comSusan StroudAug 7, 2026After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% 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.
