Domestic renewable diesel capacity could more than double through 2025 - U.S. Energy Information Administration (EIA)

After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.

• Jul 29, 2021U.S. renewable diesel capacity could increase due to announced and developing projects - U.S. Energy Information Administration (EIA)-2.4%
• Mar 24, 2022EIA projects U.S. renewable diesel supply to surpass biodiesel in AEO2022 - U.S. Energy Information Administration (EIA)-3.0%
• Dec 15, 2017U.S. biodiesel production still increasing despite expiration of tax credit - U.S. Energy Information Administration (EIA)-1.1%
• Apr 15, 2022EIA’s latest energy outlook forecasts US renewable diesel supply to…+3.2%
• Jul 22, 2021US renewable diesel capacity projected to hit 5.1 billion gallons per year by 2024+0.7%

After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.

• Dec 15, 2017U.S. biodiesel production still increasing despite expiration of tax credit - U.S. Energy Information Administration (EIA)-2.0%
• Oct 3, 2022Renewable diesel demand could pressure soybean exports | The Western Producer+0.2%
• Nov 3, 2023Increased Renewable Diesel Production is Attracting Competition for Soybean Oil+1.8%
• Aug 12, 2025USDA Ups 2025 Corn Production More Than Expected in Latest Crop Production Report+3.2%
• Nov 16, 2022Renewable diesel projected to turbo charge U.S. biofuel growth – AgriNews-1.9%