# Strong Biofuels Policy Is Delivering For America's Farmers - NOPA

> NOPA, a soybean processors' association, credits biofuels policy with lifting cash soybean prices about $1.70 per bushel year over year. It reports record June soybean processing of 214.3 million bushels, up 15%, and 839 million D4 RINs generated in June. It also notes soybean meal prices have fallen nearly 40% over three years.

- Date: 2026-07-21 · published 2026-07-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/15011-strong-biofuels-policy-is-delivering-for-america-s-farmers-nopa
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong crush demand supports soybean prices and soybean oil use, while rising meal output has pushed meal prices lower, a benefit for feed buyers.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-07-26 | [Perspective on U.S., China Trade, as Phase One Purchases “Strong” this Summer \| Farm Policy News \| Illinois](https://feedsoft.ai/events/51984-perspective-on-u-s-china-trade-as-phase-one-purchases-strong-this-summer-farm.md) | -0.8% | -0.4% |
| SOY | 2026-05-20 | [Biofuel Policy Drives Soybean Oil Demand Higher Again - All Ag News](https://feedsoft.ai/events/15027-biofuel-policy-drives-soybean-oil-demand-higher-again-all-ag-news.md) | -2.0% | -6.4% |
| SOY | 2024-07-15 | [July WASDE Delivers Surprises and Marketing Challenge \| FCSAmerica](https://feedsoft.ai/events/29202-july-wasde-delivers-surprises-and-marketing-challenge-fcsamerica.md) | -3.3% | -9.4% |
| SOY | 2018-02-08 | [2018 U.S. Farm Income Forecast Released - Farm Policy News](https://feedsoft.ai/events/66480-2018-u-s-farm-income-forecast-released-farm-policy-news.md) | +3.5% | +7.2% |
| SOY | 2021-05-13 | [Soy stocks tighten; biofuel demand strong in May report](https://feedsoft.ai/events/46963-soy-stocks-tighten-biofuel-demand-strong-in-may-report.md) | -7.4% | -7.0% |
| SBO | 2024-11-05 | [Grain and Biofuel Outlook: Biofuels Creating Needed Demand for Ample U.S. Harvests](https://feedsoft.ai/events/27505-grain-and-biofuel-outlook-biofuels-creating-needed-demand-for-ample-u-s-harvests.md) | +4.1% | -8.4% |
| SBO | 2026-05-20 | [Biofuel Policy Drives Soybean Oil Demand Higher Again - All Ag News](https://feedsoft.ai/events/15027-biofuel-policy-drives-soybean-oil-demand-higher-again-all-ag-news.md) | -2.3% | -4.5% |
| SBO | 2021-03-07 | [FAO Food Price Index Climbs, While Some See Continued Strong Chinese Demand for Agricultural Commodities \| Farm Policy News \| Illinois](https://feedsoft.ai/events/8637-fao-food-price-index-climbs-while-some-see-continued-strong-chinese-demand-for.md) | +9.1% | +10.7% |

## Sources

- nopa.org: https://www.nopa.org/resources/strong-biofuels-policy-is-delivering-for-americas-farmers/

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