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Soybean oil's share of US biofuel feedstocks fell to 37% in April as high prices pushed producers toward corn oil, tallow and used cooking oil. Biofuel output is running below the mandate-implied capacity, with biodiesel at 77% and renewable diesel at 78% in May.
Palm oil also declined on rising Malaysian stocks.
Losing feedstock share to cheaper alternatives weakens soybean oil demand and pressures its price, while palm oil faces its own stock-driven weakness.
vespertool.comGehrman KosenkovJul 10, 2026Not enough comparable past events yet for a historical read.
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.
