US biofuel producers ramped up in Oct as profitability improved, data shows

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.

• Sep 7, 2026Soybean oil used to produce US biofuels reaches new record in June - Fastmarkets-2.6%
• Oct 5, 2026Soybean oil used to produce US biofuels reaches new all-time high in July - Fastmarkets+1.7%
• Nov 14, 2023The Biodiesel Profitability Squeeze that Wasn’t - farmdoc daily+2.6%
• Jul 11, 2025Biofuel demand to soak up more than half of US soyoil production next year, USDA says | Reuters+0.2%
• Aug 3, 2026US soybean oil use for biofuels production hits record high in May - Fastmarkets+2.6%

After 22 past neutral report events, ULSD / Diesel moved a median -0.1% over 5 sessions (50% higher; middle half -3.5% to +2.7%), and -0.2% over 20.

• Apr 27, 2017EIA: Inflows of Gasoline and Diesel Into the Midwest Fall as Demand Flattens and Production Grows - Fuels Market News-3.9%
• Aug 26, 2020EIA Gasoline and Diesel Retail Prices Update, Aug. 25, 2020 - Fuels Market News-2.3%
• Jul 29, 2021U.S. renewable diesel capacity could increase due to announced and developing projects - U.S. Energy Information Administration (EIA)-3.8%
• Jan 8, 2025US crude stocks at Cushing fall to decade-low, fuel inventories surge, EIA says+7.0%
• Dec 19, 2017EIA: Uncertainty clouds fuel price outlook | FleetOwner+5.9%