India's ethanol drive threatens its edible oil self-sufficiency goal

After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.

• Oct 12, 2021Oil becoming new driver for soybean industry+0.3%
• Oct 19, 2023Appetite for soya hinders China’s self-sufficiency drive+4.7%
• Dec 29, 2023China reports progress on policy to increase soy self-sufficiency | Feed Strategy | Feed Strategy-1.4%
• Jun 15, 2017Poultry producers cash in on beef slaughter ban as demand for chicken rises | Economy & Policy News - Business Standard-1.3%
• Aug 18, 2025Soybean oil in the biofuel era: An industry expert’s perspective+4.9%

After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.

• Oct 19, 2023Appetite for soya hinders China’s self-sufficiency drive-1.7%
• Dec 29, 2023China reports progress on policy to increase soy self-sufficiency | Feed Strategy | Feed Strategy-4.3%
• Dec 19, 2024Edible oil prices tumble on US ethanol plan and record soybean supplies+3.8%
• Jan 5, 2023Economist’s Angle: EPA’s Proposed Blending Levels Threaten Ongoing Industry Growth - American Soybean Association+2.5%
• Nov 27, 2023Soybean oil prices fall 4% amid possible reduction in demand from the biodiesel industry-0.4%