# Cargill, Bunge Slow Soy Buying on Stalled US Biofuels Policy

> Cargill and Bunge are slowing soybean purchases because uncertainty over US biofuel policy has led producers to delay soyoil buying. Fuel retailers had procured only about 10% of their first-quarter biodiesel by mid-October, versus more than 80% in a typical year. Cargill says its buying rate is unchanged.

- Date: 2024-11-04 · published 2024-11-04T12:00:00.000Z
- Category: policy · region US · magnitude high
- Page: https://feedsoft.ai/events/15168-cargill-bunge-slow-soy-buying-on-stalled-us-biofuels-policy
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Delayed soyoil purchases reduce soybean crush demand and weigh on soybean and soymeal prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-10-28 | [Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy - Bloomberg](https://feedsoft.ai/events/27949-cargill-bunge-slow-soybean-buying-on-stalled-us-biofuels-policy-bloomberg.md) | -0.5% | -0.4% |
| SOY | 2026-01-16 | [US soybean oil prices stall amid biofuel policy, 45Z uncertainty: 2026 preview - Fastmarkets](https://feedsoft.ai/events/15055-us-soybean-oil-prices-stall-amid-biofuel-policy-45z-uncertainty-2026-preview.md) | +1.4% | +7.6% |
| SOY | 2025-11-04 | [ADM cuts 2025 outlook on US biofuel policy delays, trade woes](https://feedsoft.ai/events/15070-adm-cuts-2025-outlook-on-us-biofuel-policy-delays-trade-woes.md) | -0.3% | +0.4% |
| SOY | 2024-10-29 | [Soybean Demand Drops as US Biofuel Tax Credit Stalls - TT](https://feedsoft.ai/events/15173-soybean-demand-drops-as-us-biofuel-tax-credit-stalls-tt.md) | +1.4% | +1.2% |
| SOY | 2024-11-16 | [U.S. biofuel policies expected to change under Trump](https://feedsoft.ai/events/15166-u-s-biofuel-policies-expected-to-change-under-trump.md) | -1.5% | -1.7% |
| SBO | 2024-10-28 | [Cargill, Bunge Slow Soybean Buying on Stalled US Biofuels Policy - Bloomberg](https://feedsoft.ai/events/27949-cargill-bunge-slow-soybean-buying-on-stalled-us-biofuels-policy-bloomberg.md) | +3.9% | +2.1% |
| SBO | 2018-05-14 | [Trump Energy Policy Sidelines US Biofuels](https://feedsoft.ai/events/64920-trump-energy-policy-sidelines-us-biofuels.md) | -0.6% | -1.9% |
| SBO | 2026-01-16 | [US soybean oil prices stall amid biofuel policy, 45Z uncertainty: 2026 preview - Fastmarkets](https://feedsoft.ai/events/15055-us-soybean-oil-prices-stall-amid-biofuel-policy-45z-uncertainty-2026-preview.md) | +1.3% | +6.8% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/cargill-bunge-slow-soy-buying-on-stalled-us-biofuels-policy/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.