
EIA February data show total US biofuel production capacity at 23.721 billion gallons per year, down 39 million from January. Renewable diesel capacity held at 3.857 billion gallons per year, while feedstock consumption rose to 27.924 billion pounds.
Fuel ethanol capacity increased by 50 million gallons per year.
Rising feedstock consumption indicates stronger demand for fats and oils used in biofuels, which supports soybean oil prices. Ethanol capacity gains are a modest factor for corn demand.
After 296 past bullish report events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
After 770 past neutral report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.