EPA underestimated U.S. biodiesel production

After 146 past bearish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +1.9%), and +0.4% over 20.

• Dec 13, 2021USDA sees little renewable diesel benefit for soybean oil | The Western Producer+0.9%
• Jan 1, 2018October biodiesel production fell slightly to 146 million gallons : The Daily Digest+1.1%
• May 27, 2026USDA estimates 2026 sunflower production at 2.38 billion pounds+1.7%
• Apr 10, 2026CBOT review: Soybeans rise with soymeal | The Western Producer-3.0%
• Feb 16, 2023Canola exports, soy oil and meal all affect canola’s price | The Western Producer+1.9%

After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.

• Feb 28, 2025Prices face pressure as larger U.S. crops expected this year | The Western Producer-0.9%
• May 23, 2024China's imports to determine prices | The Western Producer-2.9%
• Nov 9, 2023USDA surprises trade with latest report | The Western Producer+2.7%
• Sep 12, 2025USDA Ups Corn and Soybean Production Estimates+2.2%
• Jan 12, 2026January WASDE report very bearish | The Western Producer+0.9%