# Renewable Diesel Spurs Soy Crush Expansion

> DTN reports that renewable diesel production has boomed and is driving soybean oil demand, with a series examining the expansion of soybean crush. DTN analyst Todd Hultman estimates the rise could lift the price floor for soybeans and corn by at least $2 per bushel.

- Date: 2022-05-10 · published 2022-05-10T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/15397-renewable-diesel-spurs-soy-crush-expansion
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Renewable diesel demand for soybean oil creates a new demand base that could lift soybean and corn price floors, shaping farm revenue expectations.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2022/05/10/renewable-diesel-spurs-soy-crush

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