Biofuel Feedstock Demand Up 12% in March as Soybean Oil, Corn Oil Reach Record Highs: EIA - OPIS, A Dow Jones Company

After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.

• Aug 22, 2023Record use of soybean oil for biofuel in May - McKeany-Flavell-1.1%
• Feb 13, 2024Biofuel Canola OIl Demand Reaches Record Hight - The Jacobsen-3.6%
• Aug 7, 2026Biofuels Blast: Feedstock Demand Hits a Record as RVO Drives Production+0.6%
• Aug 3, 2026US soybean oil use for biofuels production hits record high in May - Fastmarkets+2.6%
• Sep 7, 2026Soybean oil used to produce US biofuels reaches new record in June - Fastmarkets-2.6%

After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• Jul 31, 2020Soybeans firm as US biodiesel data lifts soyoil; corn flat - Markets - Business Recorder-0.7%
• May 13, 2024EIA February Update: U.S. Biofuel Capacity Down Slightly While Feedstock Consumption Up - Michigan Advanced Biofuels Coalition-0.0%
• Apr 10, 2018U.S. soybean carryover down from March, wheat and corn up | 2018-04-10 | Food Business News-0.6%
• Nov 11, 2024WASDE Shows Decrease in US Corn and Soybean Ending Stocks in 2024/2025-1.2%
• Dec 19, 2022Commodities 2023: Australia's record wheat crop to dominate Asia demand in H1+1.3%