# Increased Feedstock Imports Push Soy from Biofuels - American Soybean Association

> ASA economist Scott Gerlt argues that rising imports of competing feedstocks since early 2023 push soybeans out of biofuel use at the margin. He notes more than 20 crush plants have been announced to supply soybean oil to the renewable diesel sector. He also explains how EPA sets RFS blending levels through 2025.

- Date: 2024-08-15 · published 2024-08-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/15195-increased-feedstock-imports-push-soy-from-biofuels-american-soybean-association
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Growing imports of competing biofuel feedstocks cap soybean oil's share of biofuel use, which limits the upside for soybean crush demand and prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/increased-feedstock-imports-push-soy-from-biofuels/

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