
Biomass Magazine reports that the June WASDE raised its estimate of soybean use for biofuel production in the 2025-26 marketing year. The article text is brief, and the figure itself is not shown in the excerpt.
The estimate is a USDA balance sheet adjustment.
A higher USDA estimate of biofuel soybean use signals firmer domestic crush and oil demand than previously projected. That points to support for soybean oil prices.
After 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.