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ARTCO, an ADM subsidiary operating barges and towing on major US inland rivers, joined the B20 Club as a biodiesel user. Its fleet of 29 vessels uses biodiesel blends up to B30, consuming 22 million gallons of B20-B30 annually.
Biodiesel adoption by large fleet operators adds modest steady demand for soybean oil, though the volume is small relative to the overall market.
ilsoy.orgILSoybeanJun 6, 2022After 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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
