USDA: Industrial uses driving U.S. demand for soybean oil - F&L Asia

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 21, 2023Brazil's 2023 soybean crushing set for record highs driven by oil, meal demand+5.4%
• May 4, 2022Strong soybean oil demand elevating price | DRGNews+2.6%
• Aug 29, 2025US soybean oil use in RD at 8-mth high, yellow grease demand at 6-mth high-1.9%
• Nov 16, 2016Soybeans up for 2nd day on strong demand, U.S. crush data | Reuters+0.8%
• Apr 11, 2025Brazil's rising biodiesel demand restricts soybean oil exports+2.3%

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.

• Mar 19, 2020USDA FAS sees rising soybean demand for China - Brownfield Ag News+6.8%
• Aug 1, 2017Demand for oilseeds drives China’s soybean imports | World-grain.com | August 01, 2017 14:22 | World Grain-3.5%
• Jan 17, 2023Demand for U.S. Soy Remains Strong Near Term - U.S. Soybean Export Council-3.1%
• Nov 16, 2016Soybeans up for 2nd day on strong demand, U.S. crush data | Reuters+4.1%
• May 20, 2026Biofuel Policy Drives Soybean Oil Demand Higher Again - All Ag News-2.0%