# Palm Oil News - The Lack of Soyoil in Brazil Made Supply Crisis to Biodiesel Production

> Reduced Parana River flows restricted soyoil shipments, creating a supply crisis for Brazilian biodiesel producers. Soyoil supplies 72.5 percent of Brazil's biodiesel feedstock in the first eight months of 2024, and the price jump has squeezed alternative inputs like cattle fat. Biodiesel plants are prioritising delayed contracts, tightening spot availability.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: logistics · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/28408-palm-oil-news-the-lack-of-soyoil-in-brazil-made-supply-crisis-to-biodiesel
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Tighter soyoil supply and higher feedstock costs for Brazilian biodiesel support soyoil prices and can shift domestic demand toward exports, adding upward pressure on vegetable oil markets.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-09-30 | [Palm Oil News - The Decreasing Water Debit in Parana River, Argentina Made Soyoil and Biodiesel in Brazil More Expensive](https://feedsoft.ai/events/28406-palm-oil-news-the-decreasing-water-debit-in-parana-river-argentina-made-soyoil.md) | +0.5% | +2.2% |
| SBO | 2025-03-12 | [March WASDE reduces forecast for 2024-’25 soybean oil use in biofuel production  \| Biomass Magazine](https://feedsoft.ai/events/25672-march-wasde-reduces-forecast-for-2024-25-soybean-oil-use-in-biofuel-production.md) | +1.6% | +7.9% |
| SBO | 2022-11-02 | [Palm oil jumps nearly 5% to 12-wk highs on supply woes - Markets - Business Recorder](https://feedsoft.ai/events/8071-palm-oil-jumps-nearly-5-to-12-wk-highs-on-supply-woes-markets-business-recorder.md) | +3.2% | -0.6% |
| SBO | 2021-09-28 | [Argentine exports of soy and oil products down $620 mi due to low water level on Paraná River - DatamarNews](https://feedsoft.ai/events/44929-argentine-exports-of-soy-and-oil-products-down-620-mi-due-to-low-water-level-on.md) | +0.7% | +8.1% |
| SBO | 2021-07-09 | [Drought brings shipping of soy products on Paraná River in Argentina to a halt](https://feedsoft.ai/events/45898-drought-brings-shipping-of-soy-products-on-parana-river-in-argentina-to-a-halt.md) | +3.0% | +1.4% |
| PALMOIL | 2024-09-30 | [Palm Oil News - The Decreasing Water Debit in Parana River, Argentina Made Soyoil and Biodiesel in Brazil More Expensive](https://feedsoft.ai/events/28406-palm-oil-news-the-decreasing-water-debit-in-parana-river-argentina-made-soyoil.md) | +9.1% | +9.7% |
| PALMOIL | 2022-11-02 | [Palm oil jumps nearly 5% to 12-wk highs on supply woes - Markets - Business Recorder](https://feedsoft.ai/events/8071-palm-oil-jumps-nearly-5-to-12-wk-highs-on-supply-woes-markets-business-recorder.md) | +2.9% | +0.5% |
| PALMOIL | 2020-06-24 | [Malaysian palm oil producers step up perks to retain foreign workers amid pandemic](https://feedsoft.ai/events/52733-malaysian-palm-oil-producers-step-up-perks-to-retain-foreign-workers-amid.md) | -1.0% | +5.7% |

## Sources

- en.infosawit.com: https://en.infosawit.com/news/14572/the-lack-of-soyoil-in-brazil-made-supply-crisis-to-biodiesel-production

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