# Demand to Surpass Supply in Renewable Diesel Market | Red River Farm Network

> An NDSU extension economist says state clean fuel policies in California, Washington and Oregon are driving renewable diesel demand. He says agriculture will struggle to supply feedstock for California alone. Engines and pipelines need no changes to use renewable diesel.

- Date: 2023-12-18 · published 2023-12-18T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/15253-demand-to-surpass-supply-in-renewable-diesel-market-red-river-farm-network
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

State low-carbon fuel mandates pull strongly on vegetable oil and fat feedstocks, which supports soybean oil prices. Limited domestic feedstock supply could tighten oil supplies and raise prices.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2018-04-25 | [B20 Mandate Delivers Demand for Soyoil \| Red River Farm Network](https://feedsoft.ai/events/65396-b20-mandate-delivers-demand-for-soyoil-red-river-farm-network.md) | -3.0% | +1.6% |
| SBO | 2026-08-26 | [Tight RIN Supplies Could Support Renewable Diesel Demand - RFD-TV](https://feedsoft.ai/events/15004-tight-rin-supplies-could-support-renewable-diesel-demand-rfd-tv.md) | +9.0% | +1.1% |
| SBO | 2018-12-05 | [Building Demand for ND Soybeans \| Red River Farm Network](https://feedsoft.ai/events/61459-building-demand-for-nd-soybeans-red-river-farm-network.md) | +0.6% | -0.8% |
| SBO | 2023-08-22 | [Don’t write-off renewable diesel; feedstock demand is only in the](https://feedsoft.ai/events/34660-don-t-write-off-renewable-diesel-feedstock-demand-is-only-in-the.md) | -1.1% | -8.2% |
| SBO | 2020-08-06 | [REG: Biodiesel, renewable diesel demand remains strong  \| Biomass Magazine](https://feedsoft.ai/events/51489-reg-biodiesel-renewable-diesel-demand-remains-strong-biomass-magazine.md) | +0.9% | +6.2% |

## Sources

- rrfn.com: https://www.rrfn.com/2023/12/17/demand-to-surpass-supply-in-renewable-diesel-market/

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