
US imports of used cooking oil fell 38% year on year, with Chinese-origin volume down 67%. China's total UCO exports rose 7%, but flows to the US fell 61% while shipments to the Netherlands more than doubled.
US tallow imports held flat as origins shifted away from Brazil.
Waste feedstocks are being redirected toward Europe and Southeast Asia while US biofuel demand keeps rising, which tightens competing fats and supports soybean oil prices.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% 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.