# US soybean oil market set to soar | Food Business News

> US soybean oil futures have traded in a 10-cent range since August but repeatedly rally near 40 cents per pound. Export demand has surged, with exports for the 2024-25 marketing year through April 3 about 976% above last year, led by India, Colombia and Mexico. Anticipated federal biofuel guidance is also cited as a potential support.

- Date: 2025-04-22 · published 2025-04-22T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/25205-us-soybean-oil-market-set-to-soar-food-business-news
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong export sales and possible biofuel policy support favor firmer soybean oil prices, which in turn shifts crush margins and soybean meal output.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-06-23 | [Food and fuel sectors in soybean oil bidding war \| 2021-06-23  \| Food Business News](https://feedsoft.ai/events/46441-food-and-fuel-sectors-in-soybean-oil-bidding-war-2021-06-23-food-business-news.md) | +3.7% | +6.4% |
| SBO | 2017-02-26 | [Edible oil prices to rebound \| News on Markets - Business Standard](https://feedsoft.ai/events/7063-edible-oil-prices-to-rebound-news-on-markets-business-standard.md) | +5.4% | -0.5% |
| SBO | 2024-05-23 | [LCFS Becomes a Major Market for Soybean Oil](https://feedsoft.ai/events/15216-lcfs-becomes-a-major-market-for-soybean-oil.md) | +1.2% | +1.0% |
| SBO | 2026-05-06 | [How long can soy oil prop up the soybean market?](https://feedsoft.ai/events/19356-how-long-can-soy-oil-prop-up-the-soybean-market.md) | -3.6% | -3.3% |
| SBO | 2018-03-21 | [Ban on palm oil to profit rapeseed and soy - Food & Agribusiness](https://feedsoft.ai/events/66096-ban-on-palm-oil-to-profit-rapeseed-and-soy-food-and-agribusiness.md) | -0.5% | -1.0% |
| SBM | 2019-01-03 | [Brazil markets soar as new government vows to shrink state](https://feedsoft.ai/events/12357-brazil-markets-soar-as-new-government-vows-to-shrink-state.md) | +2.6% | -0.3% |
| SBM | 2020-08-04 | [Record soybean oil use for biodiesel in May - McKeany-Flavell](https://feedsoft.ai/events/51685-record-soybean-oil-use-for-biodiesel-in-may-mckeany-flavell.md) | -1.7% | +6.1% |
| SBM | 2026-06-30 | [Biodiesel boom drives soybean oil to 4-year high](https://feedsoft.ai/events/18887-biodiesel-boom-drives-soybean-oil-to-4-year-high.md) | +3.7% | +4.4% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/28136-us-soybean-oil-market-set-to-soar

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