# Is the biodiesel industry on the ropes?

> Renewable diesel has overtaken biodiesel in total capacity and is strong on the West Coast, while biodiesel remains favored in the Midwest. Renewable diesel capacity could exceed available soybean oil supply, raising questions about whether there is enough feedstock for both fuels. Soybean supply competition is shaping the market.

- Date: 2023-05-04 · published 2023-05-04T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/15312-is-the-biodiesel-industry-on-the-ropes
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Competition for limited soybean oil between biodiesel and renewable diesel plants supports soybean oil and soybean prices. Feedstock tightness would lift vegetable oil values relative to meal.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2025-08-26 | [How the EPA's RIN Policy is Reshaping the U.S. Biofuel Industry](https://feedsoft.ai/events/15100-how-the-epa-s-rin-policy-is-reshaping-the-u-s-biofuel-industry.md) | -3.7% | -8.6% |
| SBO | 2019-09-03 | [Biodiesel Industry Hits Keep Coming \| Energy.AgWired.com](https://feedsoft.ai/events/56941-biodiesel-industry-hits-keep-coming-energy-agwired-com.md) | -1.3% | +1.2% |
| SBO | 2018-06-26 | [Proposed RFS growth sends hopeful signal to biodiesel industry \| Biodiesel Magazine](https://feedsoft.ai/events/64602-proposed-rfs-growth-sends-hopeful-signal-to-biodiesel-industry-biodiesel.md) | -0.6% | -2.4% |
| SBO | 2020-03-19 | [Why biodiesel is important to Iowa](https://feedsoft.ai/events/54001-why-biodiesel-is-important-to-iowa.md) | +6.4% | +5.0% |
| SBO | 2026-04-30 | [Record US biofuel targets to test biodiesel industry after slow year \| Reuters](https://feedsoft.ai/events/15030-record-us-biofuel-targets-to-test-biodiesel-industry-after-slow-year-reuters.md) | +0.5% | -3.5% |
| SOY | 2025-08-26 | [How the EPA's RIN Policy is Reshaping the U.S. Biofuel Industry](https://feedsoft.ai/events/15100-how-the-epa-s-rin-policy-is-reshaping-the-u-s-biofuel-industry.md) | +0.0% | -1.3% |
| SOY | 2026-04-30 | [Record US biofuel targets to test biodiesel industry after slow year \| Reuters](https://feedsoft.ai/events/15030-record-us-biofuel-targets-to-test-biodiesel-industry-after-slow-year-reuters.md) | -0.3% | +1.0% |
| SOY | 2020-09-16 | [South Dakota Soybean \| Biodiesel Industry Plans for Future Growth;…](https://feedsoft.ai/events/50990-south-dakota-soybean-biodiesel-industry-plans-for-future-growth.md) | +2.8% | +5.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/is-the-biodiesel-industry-on-the-ropes-

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