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Government data cited by Reuters shows North American biofuel output, including feedstocks such as canola and soy oil, grew about 60% since 2022. The sector is now contracting amid trade and policy uncertainty.
A shrinking biofuel sector reduces demand for vegetable oils used as feedstock, which weighs on soybean oil and canola prices.
reuters.comKarl PlumeMar 20, 2025After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
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.
