# Factors driving US biodiesel and biofuel demand [Video] | Feed & Grain

> Jonathan Martin of Clean Fuels Alliance America discusses growing US biodiesel and renewable diesel demand. He points to the push for cleaner heavy-duty transport fuels and the impact of the 2023 Farm Bill and the Renewable Fuel Standard.

- Date: 2023-09-26 · published 2023-09-26T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/15281-factors-driving-us-biodiesel-and-biofuel-demand-video-feed-and-grain
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expected growth in biomass-based diesel demand, supported by policy, underpins soybean oil and feedstock prices over the coming years.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-02-25 | [How Will A Surge in Bio-Based Fuels Impact Grain Demand?](https://feedsoft.ai/events/15416-how-will-a-surge-in-bio-based-fuels-impact-grain-demand.md) | +3.6% | -2.1% |
| SBO | 2020-10-02 | [US Domestic Soybean Oil Demand Could Rise \| Feed & Grain](https://feedsoft.ai/events/50506-us-domestic-soybean-oil-demand-could-rise-feed-and-grain.md) | +1.8% | +1.3% |
| SBO | 2026-10-20 | [U.S. Biofuel RIN Gap Keeps a Bid Under Soybean Oil Feedstock Demand](https://feedsoft.ai/events/14989-u-s-biofuel-rin-gap-keeps-a-bid-under-soybean-oil-feedstock-demand.md) | +0.2% | — |
| SBO | 2023-07-25 | [How Will A Surge in Bio-Based Fuels Impact Grain Demand? - AgWeb](https://feedsoft.ai/events/15295-how-will-a-surge-in-bio-based-fuels-impact-grain-demand-agweb.md) | -8.7% | -8.5% |
| SBO | 2026-08-27 | [Biofuel Plants Near Capacity As Feedstock Demand Grows - RFD](https://feedsoft.ai/events/15001-biofuel-plants-near-capacity-as-feedstock-demand-grows-rfd.md) | +8.0% | +1.3% |

## Sources

- m.fotoarslan.com: https://m.fotoarslan.com/expert-insights/fg-chat/video/15635139/factors-driving-us-biodiesel-and-biofuel-demand-video

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