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Weekly soybean oil update for W20 2025 summarizes USDA May WASDE projections for US soybean oil biofuel use, which is seen dipping in 2024/25 and rebounding in 2025/26. It also notes record Brazilian soybean output of 175 mmt, Argentine export taxes that pushed crush margins negative, and mixed European prices.
Expected US biofuel demand recovery supports domestic soybean oil and crush, while strong Brazilian and Argentine supply caps export competitiveness and limits upside in prices.
tridge.comXchel PerezMay 23, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
