# Upside Down - Renewable Diesel Boom Sets Off Aftershocks in Soybean Oil, Used Cooking Oil Markets

> Renewable diesel production growth is drawing a race for bio-feedstocks, with soybean oil and used cooking oil supply chains being reshaped. The article describes how the boom is affecting feedstock markets across both oil and agriculture sectors.

- Date: 2024-04-18 · published 2024-04-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30818-upside-down-renewable-diesel-boom-sets-off-aftershocks-in-soybean-oil-used
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rising renewable diesel demand for feedstocks supports vegetable oil and waste oil prices, but competition from cheaper waste fats is shifting demand away from soybean oil.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: neutral

## Sources

- rbnenergy.com: https://rbnenergy.com/upside-down-renewable-diesel-boom-sets-off-aftershocks-in-soybean-oil-used-cooking-oil-markets

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