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The US biofuel feedstock market slowed in July as major renewable diesel producers scheduled plant turnarounds. Reduced run rates cut their near-term demand for feedstocks.
Lower renewable diesel output reduces demand for soybean oil and other fats and oils, which is bearish for vegetable oil prices and for the meal and oil crush margins that support feed supplies.
Not enough comparable past events yet for a historical read.
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.