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Renewable diesel output fell 6% in July to 225 million gallons, while biodiesel rose 9.2% month over month to 106 million gallons but was still 27% below a year earlier. Renewable jet fuel production hit a record 25 million gallons.
Soybean oil use in biofuels is rising, alongside growing imports of used cooking oil and beef tallow.
Stronger soybean oil use for biofuel supports soybean oil prices and reduces oil available for feed. Lower biodiesel and renewable diesel output over the year limits how much this demand can grow.
traderphd.comSep 17, 2025After 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.
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.
