Rabobank: Renewable diesel supply glut weighs on soybean prices

After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.

• Mar 23, 2026Renewable Diesel Policy Uncertainty Clouds Soybean Crush Outlook -+0.7%
• Dec 19, 2024Edible oil prices tumble on US ethanol plan and record soybean supplies-0.1%
• Jun 16, 2021U.S. grains: Soybeans down with vegetable oil prices - AgCanada-6.8%
• Apr 19, 2021Soybean Oil Prices Plummet After Brazil Reduces Biodiesel Blend In Diesel - CPG Click Oil and Gas+8.1%
• Nov 27, 2023Soybean oil prices fall 4% amid possible reduction in demand from the biodiesel industry-0.2%

After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.

• Mar 23, 2026Renewable Diesel Policy Uncertainty Clouds Soybean Crush Outlook --0.2%
• Dec 19, 2024Edible oil prices tumble on US ethanol plan and record soybean supplies+3.8%
• Jun 16, 2021U.S. grains: Soybeans down with vegetable oil prices - AgCanada-4.9%
• Apr 19, 2021Soybean Oil Prices Plummet After Brazil Reduces Biodiesel Blend In Diesel - CPG Click Oil and Gas+7.4%
• Nov 27, 2023Soybean oil prices fall 4% amid possible reduction in demand from the biodiesel industry-0.4%