# Soybean Oil's Premium to Palm Oil May Not Be Enough to Discourage Exports

> DTN analyst Mitch Miller says USDA raised 2025-26 biofuel soyoil use by 3.25 billion pounds, requiring a sharp fall in exports. He notes the soyoil premium to palm oil is shrinking, which may fail to discourage exports.

- Date: 2025-10-02 · published 2025-10-02T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/22494-soybean-oil-s-premium-to-palm-oil-may-not-be-enough-to-discourage-exports
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A shrinking soyoil premium to palm oil removes the price signal needed to cut soyoil exports despite higher biofuel use. This raises the risk of tighter soyoil supplies and firmer vegetable oil prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-10-29 | [Brazil’s soybean oil production could reach 13.5 mln tons, while exports decline](https://feedsoft.ai/events/1331-brazil-s-soybean-oil-production-could-reach-13-5-mln-tons-while-exports-decline.md) | -0.8% | — |
| SBO | 2022-04-22 | [Soyoil surges to record high as Indonesia bans palm oil exports](https://feedsoft.ai/events/14040-soyoil-surges-to-record-high-as-indonesia-bans-palm-oil-exports.md) | +3.2% | -4.4% |
| SBO | 2023-03-09 | [Sunflower exports: to be or not to be? 2022-2024](https://feedsoft.ai/events/36988-sunflower-exports-to-be-or-not-to-be-2022-2024.md) | -5.4% | -5.1% |
| SBO | 2022-04-28 | [Soy oil soars to record as Indonesia expands palm export ban](https://feedsoft.ai/events/41929-soy-oil-soars-to-record-as-indonesia-expands-palm-export-ban.md) | -2.7% | -7.3% |
| SBO | 2025-05-14 | [Indonesian palm oil exports set to fall with biofuel mandate - Nikkei Asia](https://feedsoft.ai/events/24754-indonesian-palm-oil-exports-set-to-fall-with-biofuel-mandate-nikkei-asia.md) | -0.6% | -4.3% |
| PALMOIL | 2024-11-22 | [Indonesia Cuts Palm Oil Levy to Be Competitive, Boost Exports](https://feedsoft.ai/events/15606-indonesia-cuts-palm-oil-levy-to-be-competitive-boost-exports.md) | +0.2% | -3.7% |
| PALMOIL | 2019-02-01 | [Palm oil exporters back govt to retaliate on France, Norway and the EU's palm oil ban](https://feedsoft.ai/events/6969-palm-oil-exporters-back-govt-to-retaliate-on-france-norway-and-the-eu-s-palm.md) | +5.2% | -0.2% |
| PALMOIL | 2024-09-19 | [Indonesia cuts palm oil levy to be competitive, boost exports \| FMT](https://feedsoft.ai/events/15622-indonesia-cuts-palm-oil-levy-to-be-competitive-boost-exports-fmt.md) | +2.4% | +11.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2025/10/02/soybean-oils-premium-palm-oil-may

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