# Rivals Trim Soy Oil’s Lead Among Biomass-based Diesel Feedstocks

> Yellow grease, tallow and corn oil are gaining share from soybean oil in biomass-based diesel feedstocks, with soybean oil now at 42% of the total. The shift is driven by low carbon intensity scores under California's LCFS program, which give higher credit values per gallon.

- Date: 2024-04-15 · published 2024-04-15T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/30821-rivals-trim-soy-oil-s-lead-among-biomass-based-diesel-feedstocks
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Feedstock substitution toward lower-CI fats reduces the soybean oil share of biofuel demand, a structural headwind for soybean oil prices even as total biomass-based diesel use grows.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-09-06 | [Advocating for Soy Biomass-Based Diesel in California - American Soybean Association](https://feedsoft.ai/events/15183-advocating-for-soy-biomass-based-diesel-in-california-american-soybean.md) | -2.7% | +1.0% |
| SBO | 2023-01-10 | [Ag Implores EPA to Raise RFS Volumes for Biomass-Based Diesel, Biodiesel](https://feedsoft.ai/events/15337-ag-implores-epa-to-raise-rfs-volumes-for-biomass-based-diesel-biodiesel.md) | -2.0% | -9.6% |
| SBO | 2024-12-01 | [U.S. Soybean Oil Market Threatened by Imported Feedstocks \| Illinois Soybean Association](https://feedsoft.ai/events/15160-u-s-soybean-oil-market-threatened-by-imported-feedstocks-illinois-soybean.md) | -0.6% | -1.5% |
| SBO | 2017-12-12 | [Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2018 and Biomass-Based Diesel Volume for 2019](https://feedsoft.ai/events/67350-federal-register-renewable-fuel-standard-program-standards-for-2018-and-biomass.md) | -1.1% | -0.3% |
| SBO | 2019-03-19 | [NBB: EPA Undercuts Additional Demand for Biomass-Based Diesel - Fuels Market News](https://feedsoft.ai/events/59972-nbb-epa-undercuts-additional-demand-for-biomass-based-diesel-fuels-market-news.md) | -2.1% | -2.1% |
| SOY | 2024-09-06 | [Advocating for Soy Biomass-Based Diesel in California - American Soybean Association](https://feedsoft.ai/events/15183-advocating-for-soy-biomass-based-diesel-in-california-american-soybean.md) | -1.7% | +3.7% |
| SOY | 2023-01-10 | [Ag Implores EPA to Raise RFS Volumes for Biomass-Based Diesel, Biodiesel](https://feedsoft.ai/events/15337-ag-implores-epa-to-raise-rfs-volumes-for-biomass-based-diesel-biodiesel.md) | +2.4% | +0.8% |
| SOY | 2017-12-12 | [Federal Register
       :: 
      Renewable Fuel Standard Program: Standards for 2018 and Biomass-Based Diesel Volume for 2019](https://feedsoft.ai/events/67350-federal-register-renewable-fuel-standard-program-standards-for-2018-and-biomass.md) | -2.1% | -3.6% |

## Sources

- agriculture.com: https://www.agriculture.com/rivals-trim-soy-oil-s-lead-among-biomass-based-diesel-feedstocks-8631415

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