# South American soybean oil prices 2026 outlook: supply and demand amid shifting global policies

> Fastmarkets provides an outlook for South American soybean oil in 2026, citing Brazil's postponed B15-to-B16 biodiesel increase and the US EPA's new Renewable Volume Obligations. Brazil and Argentina are expected to harvest a combined record of about 228 million tonnes. Brazil's soy oil exports have risen year-on-year and South American cash export premiums have fallen to historic lows.

- Date: 2026-06-01 · published 2026-06-01T12:00:00.000Z
- Category: policy · region South America · magnitude low
- Page: https://feedsoft.ai/events/19354-south-american-soybean-oil-prices-2026-outlook-supply-and-demand-amid-shifting
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Brazil's delayed biodiesel increase keeps more soy oil available for export, which weighs on international soy oil pricing. The US mandate and crude volatility remain the main offsetting supports.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2025-12-29 | [Volatile Biofuels Demand Is Reshaping the Price Relationship between Soybean and Palm Oils](https://feedsoft.ai/events/21600-volatile-biofuels-demand-is-reshaping-the-price-relationship-between-soybean.md) | +0.6% | +7.3% |
| SBO | 2016-08-14 | [Prices for rapeseed, soybean and sunflower oil have converged: UFOP  : The Daily Digest](https://feedsoft.ai/events/11871-prices-for-rapeseed-soybean-and-sunflower-oil-have-converged-ufop-the-daily.md) | +7.0% | +1.3% |
| SBO | 2017-11-07 | [EU palm oil policies are undermining Europe’s goals in South-East Asia](https://feedsoft.ai/events/68001-eu-palm-oil-policies-are-undermining-europe-s-goals-in-south-east-asia.md) | -1.2% | -3.8% |
| SBO | 2019-10-15 | [Supplemental Proposed Rule: It Does Account for SREs…But with a Loophole? - American Soybean Association](https://feedsoft.ai/events/56441-supplemental-proposed-rule-it-does-account-for-sres-but-with-a-loophole.md) | +1.9% | +5.1% |
| SBO | 2024-01-30 | [Renewable biodiesel and soybean prices: What to expect](https://feedsoft.ai/events/15244-renewable-biodiesel-and-soybean-prices-what-to-expect.md) | +0.0% | -1.4% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/soybean-oil-price-outlook/

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