# ADM, Bunge say vegetable oils to remain tight on biodiesel boom

> ADM and Bunge, the US agricultural merchants, expect vegetable oil markets to remain tight as biodiesel demand grows. The article is a short summary with limited detail.

- Date: 2022-10-26 · published 2022-10-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39227-adm-bunge-say-vegetable-oils-to-remain-tight-on-biodiesel-boom
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expectations of tight vegetable oil supply driven by biodiesel demand support soyoil prices and related oilseed meal values.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- qcintel.com: https://www.qcintel.com/biofuels/article/adm-bunge-say-vegetable-oils-to-remain-tight-on-biodiesel-boom-9358.html

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