# FAPRI Report Outlines Expected Growth in Renewable Diesel, SAF Production - World-Energy

> A University of Missouri FAPRI baseline report projects renewable diesel and sustainable aviation fuel production to grow over the next decade while biodiesel output declines. It forecasts soybean oil prices remaining supported, with soybean prices falling to $10.73 per bushel in 2024-25. Canola oil production is also expected to rise to meet biobased diesel demand.

- Date: 2024-04-09 · published 2024-04-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/15223-fapri-report-outlines-expected-growth-in-renewable-diesel-saf-production-world
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising renewable diesel demand supports soybean oil prices, while the resulting higher crush pushes more soybean meal into the market and weighs on meal prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-10-04 | [Report: Renewable Diesel Will Turbocharge U.S. Biofuel Growth \| Feed & Grain](https://feedsoft.ai/events/15362-report-renewable-diesel-will-turbocharge-u-s-biofuel-growth-feed-and-grain.md) | +3.3% | +8.3% |
| SBO | 2023-03-09 | [EIA: Renewable Diesel Growth at Expense of Biodiesel \| O&E Online](https://feedsoft.ai/events/15326-eia-renewable-diesel-growth-at-expense-of-biodiesel-o-and-e-online.md) | -5.4% | -5.1% |
| SBO | 2022-09-29 | [Report highlights demands on soybean industry from US renewable diesel growth](https://feedsoft.ai/events/15372-report-highlights-demands-on-soybean-industry-from-us-renewable-diesel-growth.md) | +2.9% | +10.1% |
| SBO | 2022-11-16 | [Renewable diesel projected to turbo charge U.S. biofuel growth – AgriNews](https://feedsoft.ai/events/15355-renewable-diesel-projected-to-turbo-charge-u-s-biofuel-growth-agrinews.md) | -4.9% | -13.8% |
| SBO | 2023-11-03 | [Increased Renewable Diesel Production is Attracting Competition for Soybean Oil](https://feedsoft.ai/events/15258-increased-renewable-diesel-production-is-attracting-competition-for-soybean-oil.md) | +2.0% | +6.9% |
| SBM | 2024-01-13 | [Grain Journal \| USDA January World Agricultural Production Report:…](https://feedsoft.ai/events/13594-grain-journal-usda-january-world-agricultural-production-report.md) | +1.1% | -1.2% |
| SBM | 2024-03-21 | [Rapid expansion of soybean crush capacity risks exceeding growth of renewable diesel \| CoBank \| Cooperative. Connected. Committed.](https://feedsoft.ai/events/15231-rapid-expansion-of-soybean-crush-capacity-risks-exceeding-growth-of-renewable.md) | -1.4% | -1.5% |
| SBM | 2020-03-23 | [Blog: World Soybean Production Projected to Rebound](https://feedsoft.ai/events/54187-blog-world-soybean-production-projected-to-rebound.md) | -0.6% | -12.2% |

## Sources

- world-energy.org: https://www.world-energy.org/article/41440.html

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