# Margins rise for biodiesel producers using soybean oil as a feedstock - Fastmarkets

> Midwest biodiesel prices rose slightly last week and were about 1.1% above a month earlier. RBD soybean oil rose less than biodiesel, so margins for producers using RBD oil widened from $0.17 to $0.18 per gallon over variable costs.

- Date: 2022-08-24 · published 2022-08-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40122-margins-rise-for-biodiesel-producers-using-soybean-oil-as-a-feedstock
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Stronger biodiesel margins support continued crush and soyoil demand from the biofuel sector, which supports soybean oil prices and therefore the value of soybean meal as a co-product.

## Read by commodity

- SBO: bullish ▲

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/margins-rise-for-biodiesel-producers-using-soybean-oil-feedstock/

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