# CoBank: Biobased diesel feedstock imports impact domestic soybean oil demand | Biodiesel Magazine

> CoBank analysis examines how imports of biobased diesel feedstocks are affecting domestic soybean oil demand. Imported feedstocks compete with domestically produced soybean oil in renewable fuel production. The report is published by Biodiesel Magazine.

- Date: 2024-10-14 · published 2024-10-14T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/15175-cobank-biobased-diesel-feedstock-imports-impact-domestic-soybean-oil-demand
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

If imported feedstocks displace soybean oil in US renewable diesel, domestic soyoil demand weakens, which is bearish for soyoil prices and soybean crush margins.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-04-26 | [Soaring Imports of Green Diesel Feedstocks Disrupt US Soy Market - Bloomberg](https://feedsoft.ai/events/15221-soaring-imports-of-green-diesel-feedstocks-disrupt-us-soy-market-bloomberg.md) | -3.6% | +2.7% |
| SBO | 2019-07-03 | [ASA Disappointed in Commerce Decision to Reduce Duties on Subsidized Biodiesel Imports - American Soybean Association](https://feedsoft.ai/events/58197-asa-disappointed-in-commerce-decision-to-reduce-duties-on-subsidized-biodiesel.md) | +1.1% | +0.3% |
| SBO | 2024-04-04 | [Used Cooking Oil Imports for Biofuels Exceed Expectations - American Soybean Association](https://feedsoft.ai/events/15225-used-cooking-oil-imports-for-biofuels-exceed-expectations-american-soybean.md) | -0.4% | -9.1% |
| SBO | 2018-03-26 | [EU biodiesel sector faces cheap imports](https://feedsoft.ai/events/66098-eu-biodiesel-sector-faces-cheap-imports.md) | +2.0% | -1.2% |
| SBO | 2025-12-02 | [China’s soyabean oil exports to India surge due to weak demand…](https://feedsoft.ai/events/11265-china-s-soyabean-oil-exports-to-india-surge-due-to-weak-demand.md) | -2.3% | -5.7% |

## Sources

- biodieselmagazine.com: https://biodieselmagazine.com/articles/cobank-biobased-diesel-feedstock-imports-impact-domestic-soybean-oil-demand

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