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The USDA Grains and Oilseeds Outlook for 2026-27 projects soybean oil use for biofuel rising about 17%. Soybean acreage is forecast to grow by nearly 4 million acres, with output near 4.45 billion bushels and soybean meal prices steady at about $300 per short ton.
Expanded biofuel demand for oil and a larger crush support soybean oil prices, while more meal output keeps meal prices flat.
miadvancedbiofuels.comAdmin BAFeb 23, 2026After 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.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% 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.
