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An industry commentary argues that renewable diesel and sustainable aviation fuel plans will reshape oilseed supply, demand and global trade flows. It points to US incentives under the Inflation Reduction Act driving new investment and capacity, while noting that economic and market challenges are emerging.
Growing biofuel feedstock demand supports vegetable oil prices and pulls soybean oil away from food and feed uses, which tightens meal-linked supply over time.
euronext.comAug 22, 2023After 842 past bullish policy events, SBO moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
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.
