# Growing US biofuel production intensifies competition for soybean oil

> NOPA data showed soybean oil stocks held by members fell 12.3% month-on-month in September 2026 to 1.05 billion pounds, the lowest since 2014. USDA expects soybean oil use for biofuels to reach 17.8 billion pounds in MY 2026/27, up about 20% from the prior season.

- Date: 2026-10-27 · published 2026-10-27T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/17179-growing-us-biofuel-production-intensifies-competition-for-soybean-oil
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tightening soyoil stocks and rising biofuel demand support soybean oil prices and raise feedstock costs for food, feed and industrial users.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-07-09 | [Growing US biofuel production intensifies competition for soybean oil \| Ukrainian Agrarian Confederation](https://feedsoft.ai/events/52199-growing-us-biofuel-production-intensifies-competition-for-soybean-oil-ukrainian.md) | +1.2% | +11.4% |
| SBO | 2022-11-30 | [Surging US Biofuel Production Stokes Soybean Crush Demand](https://feedsoft.ai/events/15357-surging-us-biofuel-production-stokes-soybean-crush-demand.md) | -9.9% | -11.4% |
| SBO | 2026-01-21 | [Biofuel: Staying Competitive - American Soybean Association](https://feedsoft.ai/events/15057-biofuel-staying-competitive-american-soybean-association.md) | +3.9% | +8.2% |
| SBO | 2025-01-16 | [Clean Fuel Production Credit excludes producers from using used cooking oil  - Indiana Corn and Soy](https://feedsoft.ai/events/26610-clean-fuel-production-credit-excludes-producers-from-using-used-cooking-oil.md) | -0.5% | +2.2% |
| SBO | 2026-09-18 | [Protecting and growing biofuel demand is among policy priorities this fall for ASA  - Indiana Corn and Soy](https://feedsoft.ai/events/14997-protecting-and-growing-biofuel-demand-is-among-policy-priorities-this-fall-for.md) | -3.1% | -1.1% |
| SOY | 2022-11-30 | [Surging US Biofuel Production Stokes Soybean Crush Demand](https://feedsoft.ai/events/15357-surging-us-biofuel-production-stokes-soybean-crush-demand.md) | -0.3% | +3.2% |
| SOY | 2026-01-21 | [Biofuel: Staying Competitive - American Soybean Association](https://feedsoft.ai/events/15057-biofuel-staying-competitive-american-soybean-association.md) | +1.4% | +7.6% |
| SOY | 2026-09-18 | [Protecting and growing biofuel demand is among policy priorities this fall for ASA  - Indiana Corn and Soy](https://feedsoft.ai/events/14997-protecting-and-growing-biofuel-demand-is-among-policy-priorities-this-fall-for.md) | -0.2% | -4.3% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/growing-us-biofuel-production-intensifies-competition-for-soybean-oil/

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