# Renewable diesel demand could pressure soybean exports | The Western Producer

> A CoBank report estimates that meeting 2030 renewable diesel targets would require crushing 3.4 billion more bushels of soybeans. That would mean ending U.S. soybean exports and planting 17.9 million more acres of soybeans, mostly taken from corn.

- Date: 2022-10-03 · published 2022-10-03T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/15363-renewable-diesel-demand-could-pressure-soybean-exports-the-western-producer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

If renewable diesel demand absorbs soybean supply, export flows fall and domestic crush rises, which lifts soybean and soybean oil prices while pressuring export demand. Analysts question whether the scenario is realistic.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-04-10 | [CBOT review: Soybeans rise with soymeal \| The Western Producer](https://feedsoft.ai/events/11662-cbot-review-soybeans-rise-with-soymeal-the-western-producer.md) | -0.1% | +1.0% |
| SOY | 2022-09-29 | [Report highlights demands on soybean industry from US renewable diesel growth](https://feedsoft.ai/events/15372-report-highlights-demands-on-soybean-industry-from-us-renewable-diesel-growth.md) | -2.8% | -1.9% |
| SOY | 2023-11-03 | [Increased Renewable Diesel Production is Attracting Competition for Soybean Oil](https://feedsoft.ai/events/15258-increased-renewable-diesel-production-is-attracting-competition-for-soybean-oil.md) | +1.8% | +1.6% |
| SOY | 2023-01-17 | [Demand for U.S. Soy Remains Strong Near Term - U.S. Soybean Export Council](https://feedsoft.ai/events/10666-demand-for-u-s-soy-remains-strong-near-term-u-s-soybean-export-council.md) | -3.1% | +0.3% |
| SOY | 2022-09-16 | [U.S. data dump reveals decent soybean, dull corn export demand](https://feedsoft.ai/events/14899-u-s-data-dump-reveals-decent-soybean-dull-corn-export-demand.md) | +0.4% | -3.8% |
| SBO | 2023-11-22 | [Biodiesel Producers Weathering the Renewable Diesel Surge](https://feedsoft.ai/events/15264-biodiesel-producers-weathering-the-renewable-diesel-surge.md) | -1.2% | -4.4% |
| SBO | 2025-04-11 | [Brazil's rising biodiesel demand restricts soybean oil exports](https://feedsoft.ai/events/25204-brazil-s-rising-biodiesel-demand-restricts-soybean-oil-exports.md) | +2.3% | +4.3% |
| SBO | 2022-09-29 | [Report highlights demands on soybean industry from US renewable diesel growth](https://feedsoft.ai/events/15372-report-highlights-demands-on-soybean-industry-from-us-renewable-diesel-growth.md) | +2.9% | +10.1% |

## Sources

- producer.com: https://www.producer.com/news/renewable-diesel-demand-could-pressure-soybean-exports/

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