Biofuels Are Driving up Already High Vegetable Oil Prices

After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.

• Jun 2, 2020Strong demand supports prices for vegetable oils at a high level+1.8%
• Sep 13, 2021Biofuel Refining Drives Edible Oil Prices | Food Processing-0.7%
• Jun 30, 2026How Rising Biofuel Demand Impacts Vegetable Oil Markets+1.3%
• Jun 1, 2026US oil refiners finally profit from biofuels due to mandates, high fuel prices-2.0%
• Aug 1, 2026U.S. Biofuel Boom: What’s Driving Record Soybean Crush, and Will It Fuel Higher Prices?+3.6%

After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.

• Jun 2, 2020Strong demand supports prices for vegetable oils at a high level+3.9%
• Sep 13, 2021Biofuel Refining Drives Edible Oil Prices | Food Processing+0.8%
• Jun 30, 2026How Rising Biofuel Demand Impacts Vegetable Oil Markets-0.5%
• Aug 11, 2022Vegetable oils: Supply stress and biofuel blending mandates drive demand for soybean oil - Fastmarkets+1.5%
• Apr 19, 2021Biofuels Expansion Driving Global Veg Oil Market | Radio 570 WNAX+2.2%