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Biodiesel Magazine reports that the July WASDE kept its 2026-27 forecast for soybean oil used in biofuel production unchanged. The article is brief and gives no further figures in the provided text.
An unchanged biofuel use forecast signals no new shift in soybean oil demand from the USDA, leaving the existing outlook intact.
biodieselmagazine.comJul 10, 2026After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% 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.
