# Oilseed industry worries rise in imported feedstock will undermine U.S. producers | Agri-Pulse Communications, Inc.

> Oilseed processors say imports of used cooking oil and tallow have surged, with animal fat and vegetable oil imports more than doubling from 2020 to 2023. UCO imports from China more than tripled in 2023. NOPA warns that imported feedstocks displace domestic soybean crush capacity.

- Date: 2024-07-10 · published 2024-07-10T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/15203-oilseed-industry-worries-rise-in-imported-feedstock-will-undermine-u-s
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising imported feedstocks reduce demand for domestic soybean oil and crush, pressuring soybean oil and meal prices. Tax credits favoring low-carbon imports shift biofuel feedstock demand away from U.S. soybeans.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-07-10 | [DOC lowers duties on Argentina biodiesel \| 2019-07-09 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/58195-doc-lowers-duties-on-argentina-biodiesel-2019-07-09-agri-pulse-agri-pulse.md) | +0.4% | -1.4% |
| SBO | 2024-10-14 | [CoBank: Biobased diesel feedstock imports impact domestic soybean oil demand \| Biodiesel Magazine](https://feedsoft.ai/events/15175-cobank-biobased-diesel-feedstock-imports-impact-domestic-soybean-oil-demand.md) | -3.1% | +11.3% |
| SBO | 2020-06-29 | [Oilseeds daily: phase one deal dismissed as farce - Mundus Agri](https://feedsoft.ai/events/52703-oilseeds-daily-phase-one-deal-dismissed-as-farce-mundus-agri.md) | +4.5% | +8.8% |
| SBO | 2023-02-23 | [Declining rapeseed oil and meal prices in China will soon increase the pressure on the world rapeseed market](https://feedsoft.ai/events/37283-declining-rapeseed-oil-and-meal-prices-in-china-will-soon-increase-the-pressure.md) | -2.5% | -8.3% |
| SBO | 2019-04-23 | [Ukraine and Russia increase the production of sunflower oil](https://feedsoft.ai/events/59716-ukraine-and-russia-increase-the-production-of-sunflower-oil.md) | -2.9% | -4.2% |
| SOY | 2024-09-10 | [Vilsack warns against restricting biofuel feedstocks \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15187-vilsack-warns-against-restricting-biofuel-feedstocks-agri-pulse-communications.md) | +0.5% | +3.4% |
| SOY | 2024-02-08 | [USDA raises corn, soybean ending stocks in latest WASDE \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/31629-usda-raises-corn-soybean-ending-stocks-in-latest-wasde-agri-pulse.md) | -1.6% | -2.7% |
| SOY | 2025-04-09 | [As new tariffs kick in, what do they mean for U.S. ag?  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/25448-as-new-tariffs-kick-in-what-do-they-mean-for-u-s-ag-agri-pulse-communications.md) | +4.4% | +3.8% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/21346-oilseed-industry-worries-rise-in-imported-feedstock-will-undermine-us-producers

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