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NOPA welcomed the proposed 2026 biomass-based diesel volume of about 5.61 billion gallons, citing domestic crush capacity. It also praised reducing RIN values for imported tallow and used cooking oil that had displaced U.S. soybean oil.
Stronger biodiesel volumes and reduced credits for imported feedstocks favor U.S. soybean oil demand and crush margins, supporting soybean oil prices.
nopa.orgSophia SacklehJun 13, 2025After 842 past bullish policy events, SBO moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 356 past bullish policy events, SOY moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% 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.
