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The May WASDE projects soybean oil use for biofuel in 2026/27 rising about 25%. The report was published May 12, 2026.
A projected jump in biofuel use of soybean oil tightens the oil balance and supports soybean oil prices, while higher crush adds meal supply.
biodieselmagazine.comMay 12, 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 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% 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.
